interest on tds applicable of tata finace ltd paid to lender

[jaybhai barad]

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 ?

AI Summary

No TDS Required on Interest for Vehicle Loan from Finance Company, Says Respondent Under Section 194A. A query was raised regarding the applicability of Tax Deducted at Source (TDS) under Section 194A on interest paid to a lender for a vehicle loan received from a finance company. The individual inquired whether TDS should have been deducted on the interest payment. A respondent advised that, in their opinion, no TDS deduction was necessary in this situation.