Ad-Free CAclubindia and Daily Updates on your mobile. Subscribe Now!

fd maturity tds

Ankush (Student) (1364 Points)

13 March 2018

Is fd maturity amount adjusted for tds?

Reply
Follow
Share

2 Replies

CA Naveen Chand (Chartered Accountant) (12729 Points)
Replied 13 March 2018

NOT CLEAR THE QUERY

Upgrade to CAclubindia Pro. Subscribe Now!

Pranesh Kumar R (44 Points)
Replied 13 March 2018

In the normal course the interest on FD is more than Rs.10000/- in a financial year TDS will be done by the financial institutions itself, as for as I know. TDS will not be there if FD is done under tax saver categories, which will be for 5 year term.