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Tds to be done or not

This query is : Resolved 
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(Querist)
11 September 2011 Whether TDS liability arises in respect of interest paid to vechile finance companies like Sundaram Finance, Magma Finance, Bajaj Auto Finance on vechile finance. Is there any notification of exemption from TDS?
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CS Bijoy

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CS Bijoy (Expert)
14 September 2011 In section 194A mention that interest other than on securities.....

So please checkout the details from the section interest on Finance is fall under this category or not.

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