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TDS

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(Querist)
30 June 2009 when TDS is deducted in case of interest on fixed deposit ?
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
30 June 2009 At the time of credit or payment whichever is earlier.
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CA Manish Sharma

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CA Manish Sharma (Expert)
01 July 2009 TDS will be deducted at the time of credit of such interest to the Account of payee/interest payable account/Suspence A/c or at the time of payment by cash, cheque, draft or any other mode... whichever is earlier.
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