Sir
my client is having rpf account. We are not able to understand why his tds got deducted under sec 192 . ?
Prateek Jotwani (student) (201 Points)
26 November 2011Sir
my client is having rpf account. We are not able to understand why his tds got deducted under sec 192 . ?
Z
( )
(2965 Points)
Replied 26 November 2011
TDS is required for payment which is taxable u/s 40(a)(iv) or 36(1)(iv)
Check for amount over the limit (both for contribution by employer and interest)