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Tds on interest paid to nbfc

This query is : Resolved 
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(Querist)
07 March 2013 sir please tell
is interest paid to nbfc liable to deduct tds?

is there any case where assesse can avail exemption?
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
07 March 2013 Yes it is liable to TDS deduction.
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kunal

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kunal (Querist)
07 March 2013 sir please tell can assessee avail exemption from deducting tds
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
07 March 2013 No exemption. TDS required to be deducted.
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