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Tds on payment of interest on purchases

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 June 2014 TDS need to deduct OR Not for Payment of Rs. 1,77,000 as Interest on Credit Purchases by A HUF Proprietorship Firm?

Supplier says, since it is Proprietorship Firm, there is no need to deduct TDS. But I doubt, Supplier want to take advantage of Ignorance of Buyer.

Will Buyer comes under fault if he does not deduct TDS and deposit to Department in such case?
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
14 June 2014 https://www.caclubindia.com/experts/tds-on-payment-of-interest-on-purchases-1756419.asp#.U5wOl9IW2Rg

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