TDS

This query is : Resolved 

16 February 2011 sir, how much TDS rate is applied on listed securities and on unlisted securities while computing income under the head 'income from other sources' for the assessment year 2010-11
plz reply soon!

17 February 2011 Tds is not applicable on both listed and unlisted securities.]

I think you wanted to ask something ealse. please write clearly

17 February 2011 sir i want ask that interest received on securities is taxable under the head 'income from other sources' now interest payer is to deduct TDS on such amount of interest and securities may be listed or unlisted in any recognised stock exchange so my query is that at what rate the payer will deduct TDS on such listed and unlisted securities.


18 February 2011 Hi,
Will get back to you with complete info & workings,

Regards
CA. LOHITH.J
B.Com,ACA,CS,(ICWA),SAPM Hons,ITF Hons

18 February 2011 sir please hurry up
it's urgent

20 February 2011 Hi,

TDS shall be @ 10%.

Please read Amended Section 193- Interest on Securities

Thank You,

Regards
CA. LOHITH.J
B.Com,ACA,CS,(ICWA),SAPM Hons,ITF Hons



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries