Tds
This query is : Resolved
Querist : Anonymous
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
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
24 April 2014
Yes the bank will deduct TDS.
24 April 2014
yes if intt more than Rs. 10000/- in year then he TDS deucted by the bank.
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