Tds on finance income

Hello ,

I want to know that is TDS will be deducted on Repo transaction?

For Eg. one firm enters in to sales transaction with another firm and at the same time purchase agreement also takes place so this is just financial transaction and in that the firm who has given finance receive some percentage of income from revenue of other. I just want know whether in this transaction TDS will get attracted because it is fianance income.

Thanks and Regards

Amit Bhatia