vehcle loan received from tata finance ltd and paid to interest but no deduction of tds. is it my query of u/s.194a tds applicable ?
interest on tds applicable of tata finace ltd paid to lender
jaybhai barad
TDS on interest: advisor opined withholding is not required for interest paid on a vehicle loan. Whether TDS applies to interest paid on a vehicle loan where no deduction was made is questioned; the adviser states that TDS is not required on the interest paid to the lender. (AI Summary)
TaxTMI