10 October 2014
our client has paid interest to one party. for the 1st half as 15g was submitted no tds was deducted. but for 2nd half no 15g has been given. so on what amount tds should be deducted....on full amount or just 2nd half interest?
10 October 2014
15G is given for the year as a whole and not quarterly. So if 15G already given for the concerned FY then TDS not required to be deducted.