Tds on stdr

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
31 January 2014 I deposited 20 lacs in SBI and 5 lacs in PNB as STDR in april 2013. Now I have submitted form 15G to both banks. Will bank still deduct TDS ? I have no other income.

31 January 2014 HI

If interest paid by bank is more than 2 lacs then TDS will be deducted on total amount.

Here you can get 2 lac benefit bank wise.

Thx



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