TDS of FDR Int.
This query is : Resolved
30 December 2008
If the TDS is not deducted on int. on FDR for the first two quarters as the threshold limit was not exceeded, whether the TDS on int. is subsequent quarters when the exemption limit is exceeded should be deducted including the earlier escaped amount of interest.
30 December 2008
yes
31 December 2008
Section 194A says as and when the aggregate sums payable during the financial year exceeds Rs 10000/- tax is to be deducted on the entire amount.
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
- SEC 54 OF IT ACT
- Form 26QB for TDS on property
- Where to show the RCM on Rent paid to unregistered landlord
- Is Aadhar PAN linking required for opening bank account?
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- BLOCKED-INELIGIBLE GST CREDIT
- Amendment of September 2021 Invoice
- RCM - commercial rent paid to URP under GST
- Offsetting interest income against derivative trading losses
- Whether still royalty
- Input credit reversal for the FY2023-24
- Regarding Form 15CA & CB
- 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 ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
