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Issue ID: 107651
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interest on tds applicable of tata finace ltd paid to lender

Date 02 Dec 2014
Replies 1 Reply
Views 1663 Views
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)


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 ?

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Replied on Jan 15, 2016
1.

In my opinion no TDS is required.

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