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Tds

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 April 2014 Good Morning

I am working in a ltd company they have a emp walfare fund committee.

Walfare fund prepare a fdr in bank.

My query is,can bank deduct the tds against interest received on fdr.Where Fdr is releted to walfare fund.

Quick response is highly appreciated.

Thanks
Dinesh
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Sandeep Dharar

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Sandeep Dharar (Expert)
24 April 2014 Yes the bank will deduct TDS.
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Rupesh Jain

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Rupesh Jain (Expert)
24 April 2014 yes if intt more than Rs. 10000/- in year then he TDS deucted by the bank.
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