WHETHER A BANK CAN DEDUCT TDS WHEN INTEREST ON FIXED DEPOSIT AMOUNTS TO RS2500/- QUATERLY OR NOT.
Menu
Tds u/s 194a
Replies (2)
Yes, it can deduct but no mandatory obligation to deduct since the specified limit is 10000/- p.a. in aggregate.
No need to deduct TDS if aggregate interest during the year is less than Rs.10000
Recent Threads
- Company Formation for clothing business
- TDS on purchase 194Q
- Compensation for urban land acquisition
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
- Taxation for sale and purchase of REIT shares
- PAN - AADHAR LINK
- RECONCILIATION OF GSTR 2B Vs BOOKS WITH VBA
Related Threads
CAclubindia
