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tds on appreciation payable

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(Querist)
14 December 2010 do we have to deduct tds on appreciation payable? if yes then at wat rate and whta is the maximum exemption limit
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
14 December 2010 What do u mean by appreciation. Kindly clarify first?
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
15 December 2010 If It is paid under the head salary, TDS is deductable.
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maninder labh kaur

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maninder labh kaur (Querist)
15 December 2010
firstly thanx for your response

actually i work in company which deals in fd and rd. on maturity of fd they pay to the customer either land or money. interest amount of fd they post it to land appreciation a/c

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