Fd 5 year interest
This query is : Open
24 February 2015
I have a FD for for 5 years. I will get ineterest on maturity, per year interest less than 10000 but on maturity its more than 10000. Will TDS applicable on maturity?
if yes so can I ask to bank to give me interest every year?
Neeraj
if yes so can I ask to bank to give me interest every year?
Neeraj
24 February 2015
yes once it exceeds the threshold limit of rs 10,000 then tds shall be deducted.
Message likes :
1 times
25 February 2015
But this interest will be the sum of 5 year interest.If I will get interest every year then it will be less then 10000.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Nomination of Bank for refund in itr 2
- Rent lease agreement
- TDS Challan Code
- Refund of 20%pre-deposit paid for stay application
- Relief u/s Section 89
- REGARDING SECTION 44AE
- Entries in AIS regarding sale of units and shares
- Supply through E-commerce Operators
- STCG on ETF gold & silver
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
