12 January 2011
Dear All.. I need your help in respect of the 194 A .. What is the rate of 194 A for the interest received from Bank... by Corpo. Assessee as well as non corporate assessee?
12 January 2011
194A Rates are: Interest other than interest on securities - By Banks/ Co-Operative Societies/ Post Office (on notified deposits): (Exempted upto Rs.10,000) 10% - By Others : (Exempted upto Rs. 5,000) 10% Rate is 10% for all