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Tds on car emi

This query is : Resolved 
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(Querist)
25 August 2012 Mr A is proprietor of A&Co. His business A&Co. is subject to audit u/s 44AB. Mr A purchased a car in his own name by taking loan(in his own name) from a Non-Banking financial institution. He introduced the car in his business i.e A&co.
Loan EMI is being paid from business's CC a/c.
My query is whether Mr A as an individual liable to deduct TDS on interest being paid on such loan?
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Vineet

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Vineet (Expert)
25 August 2012 as an individual he don't have any right to deduct tds on interest paid on such loan..
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