An assessee gets a car financed from NBFC and pays Interest on Loans of Rs.22000.00. Whether TDS is required to deduct TDS on this fig. Assessee being an individual and was covered under Tax Audit in Last year.
TDS on Car finance Interest from NBFC
CA Kalpesh Vekariya (ACA, CS Prof.) (38 Points)
11 September 2010
CAclubindia
