Poonawalla fincorps
Poonawalla fincorps

Tds

This query is : Resolved 
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(Querist)
27 April 2014 I want to know what is the limit of tds on fixed deposits to be reversed to customers after they submit 15 g forms
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Soubhagya Kumar Patra

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Soubhagya Kumar Patra (Expert)
28 April 2014 Once 15G is submitted, no TDS has to be deducted. Normally TDS is charged at 10% in such cases if assessee has not submitted form 15G or form 15H.

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