FD's for more than one year
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 February 2011
for FD's for more than one year , do we need to get statement (so call form 16A) of interest accrual on these fd's for each financial year from respective bank as interest that would different as compounded quarterly.
02 February 2011
If Interest earned exceeds Rs.10,000 in a year banks deduct TDS and will issue you Form 16A for claiming TDS
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