tds
sagar sab (clerk) (30 Points)
28 January 2017
what about small duration FD where interest is more than 10000 will they have to submit 15g/15h again and again to avoid tds deduction
4 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(182355 Points)
Replied 29 January 2017
No. The exemption is based on customer ID (or PAN), so for all the braches of any bank, for all the FDs made during one financial year, it (form 15G/H) correlates.
Mukesh Kumar
(Accounts Manager)
(1466 Points)
Replied 29 January 2017
DEAR SIR, ,,,,,,,,,,,,, BANK DID NOT DEDUCTION TDS IF INTEREST OF FD IS LESS THAN 10 THOUSAND AND YOUR PAN IS UPDATED ..............SO YOU NEED NOT SUBMIT FORM 15G/H , ONLY SUMBIT YOUR PAN NO.
sagar sab
(clerk)
(30 Points)
Replied 17 February 2017
while renewal of FD there is a deduction of TDS so is there necessity to resubmit 15g/15h form
sagar sab
(clerk)
(30 Points)
Replied 17 February 2017
even if customer submitted the 15g/15h form in the current financial year.
Recent Topics
- Tax benefit on Sale of property
- GST ITC CLAIM
- TDS on related party transaction eg loan
- Is GST applicable on services rendered to overseas
- TIMING OF TDS ENRY IN BOOKS OF ACCOUNTS
- GST ITC Eligibility on Services
- Taxability on selling shares in 1 demat account an
- We file income tax return fy 2006-2007 but tds ben
- Order received from Overseas company to deliver ma
- Maintenance of the Register of Member in Case of P
Related Threads
Trending Online Classes
-
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Industry Expert14 February 2025 -
Survey, Search and Seizure under Income Tax Act 1961
CA Hari Agarwal
CAclubindia
