194A
This query is : Open
12 October 2017
Is saving bank interest liable to TDS if it exceeds Rs. 10,000 per annum as per section 194A?
12 October 2017
No TDS is applicable on Interest from SB accounts
12 October 2017
Agree with Srinivas Sir.
TDS not deducted on SB interest even if interest exceed Rs.10000/-
12 October 2017
TDS not deducted on interest received from saving a/c
13 October 2017
it is DUTY BOUND by ALL banks, including PSU banks and Cooperative banks, to DEDUCT TDS on interest in Savings bank account , ..if -n-if INTEREST component of INTEREST > exceeds THRESHOLD limit of Rs.10000 on .at the same time PRIVATE BANKS ( read YES BANK) scrupulously follow it ( -deducts (@10% being PAN holder) to the same and issues TDS certificate)
Message likes :
1 times
13 October 2017
thank u S S Dahale#
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Is online PGCE worth it?
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
