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Tds deduct on other finance company

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(Querist)
20 September 2012 Suppose Tata Capital or
Future Capital (P ) Ltd or bajaj fince is providing
car loan to a private limited
company.Then is m i liable to
deduct TDS. ??
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CA Amit Jaiswal

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CA Amit Jaiswal (Expert)
21 September 2012 TDS will be deductible.

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