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
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
194a is applicable
24 July 2012
for a institution like
xyz finance
you need to deduct TDS
xyz finance
you need to deduct TDS
25 July 2012
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