Tds on interest of financer

This query is : Resolved 

31 July 2012 DEAR SIR
I AM WORKING IN A PVT COMPANY AND COMPANY TAKEN FINANCE FROM LTD COMPANY.
IT IS MANDATORY TO DEDUCT TDS ON INTEREST PAID OR PAYABLE BY US.

31 July 2012 Sir,

TDS has to be deducted according to the provisions of Section 194A of the Income tax act.


31 July 2012 DEAR SIR
WE HAD TAKEN TRADE ADVANCE FOR VEHICLE PURCHASE AND IT IS ADJUSTED BY DELIVERY ORDER OF VEHICLE.
NOW WHAT CAN I DO




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