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Tds on vehicale loan interest

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05 September 2017 Hi,
My Query related to TDS U/S 194a If i pay interest more than 10000/- during a financial year to magama finance or tata capital finance for car loan and car used in business depreciation claimed also in previous year so is it require to deduct TDS on interest paid to above Co.

05 September 2017 Yes TDS has to be deducted on payment of Interest under 194A



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