10 June 2011
What is the Rule for deduction of TDS,in case PF is withdrawn from provident fund trust, in case an employee has served in that company for 3 years.
11 June 2011
As per Section 194A. (1) Any person, not being an individual or a Hindu undivided family, who is responsible for paying to a resident any income by way of interest other than income by way of interest on securities, exceeding Rs. 5000/- in a year, shall at the time of credit of such income to the account of the payee or at the time of payment thereof in cash or by issue of a cheque or draft or by any other mode, whichever is earlier, deduct income-tax thereon at the rates in force.Sureshjain.nj@gmail.com