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regarding TDS on interest paid to foreign company in US doll

This query is : Resolved 
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(Querist)
16 March 2009 Can someone clarify me that if we paid interest agt. purchase in foreign currency then we are liable to Deduct TDS on such amt. or not . Please reply me as soon as possible.
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Viswanath.B

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Viswanath.B (Expert)
16 March 2009 Any payment like Interest, Commission, Professional Fees etc made to outside India then TDS Should be dedcuted as per Section 195 of the IT Act 1961.
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