Tds on intt paid on vehicle finance


This query is : Resolved 

24 July 2012 Whether TDS is to be deducted on interest paid on vehicle finance etc. ?


24 July 2012 No not required

24 July 2012 No. Not required. (If you have taken private finance say from individual, relative... then the answer will change.)

24 July 2012 finance from which institution
banks
NBFC
or
Private Institution
or others

24 July 2012 any of bank, institution, nbfc you need not to deduct tds

24 July 2012 for private institution and NBFC
194a is applicable

24 July 2012 for a institution like
xyz finance
you need to deduct TDS

25 July 2012 CA SOURABHA SETHIYA REPLUY I AGREED

28 July 2012 thnx a lot to all of u..........


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