deciding TDS liability

This query is : Resolved 

20 December 2008 one of our party is having car loan from
kottak mahindra prime ltd.are they liable
to deduct tds on car loan intrest paid. the point is kottak mahindra prie ltd cannot be considered as banking inst. rather its other financial inst.

08 January 2009 one of our party is having car loan from
kottak mahindra prime ltd.are they liable
to deduct tds on car loan intrest paid. the point is kottak mahindra prie ltd cannot be considered as banking inst. rather its other financial inst.



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