As per the recent Notfn. the interest credited by the bank to the Depositors whether TDS deducted or not dhas to be included.
Is it Correct. Please confirm.
Interest on which tds not deducted to be included in 26q...?
(Guest)
CA Sripal Jain
(Associate Finance)
(709 Points)
Replied 04 November 2011
yes but that notification relates to CBS software... circular no 3/2010 dated march 2nd 2010
CA Sripal Jain
(Associate Finance)
(709 Points)
Replied 04 November 2011
there are circumstances say for time deposits TDS need not be decuted where provisonin credits is being made through CBS software
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