TDS on interest payment on loan.

yes u can deduct tds on interest in 194a section.

@ Subhajit
Pl specify your status under ITax viz Individual, or HUF or Firm etc.

if you are an individual and not carrying business, No TDS is required to be deducted

if you are individual and carrying business ( not under 44AB audit) - No TDS requirement.

Otherwise TDS @ 10% of interest amount you have to deduct under 194A.

I hope you are holding TAN number.

1. TDS u/s 194A can be deducted on interest payment on the loan obtained other than from banks. 
2. Where the amount of interest exceeds Rs. 5,000 during the year then TDS @ 10% need to be deducted. 
Please correct me if the above solution has an alternative view. 

@ Subhajit @ Suresh ji

Pl specify your status under ITax viz Individual, or HUF or Firm etc.

if you are an individual and not carrying business, No TDS is required to be deducted

if you are individual and carrying business ( not under 44AB audit) - No TDS requirement.

Otherwise TDS @ 10% of interest amount you have to deduct under 194A.

I hope you are holding TAN number.