TDS

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Querist : Anonymous

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Querist : Anonymous (Querist)
08 February 2011 Please tell me
First- The limit of annual intrest (Total intrest on Saving A/C and FD ) beyond which banks deduct the TDS and issue a certificate,
second- TDS deduction will be at what rate.
Third - When banks have to issue the TDS Certificate to the indvidual.

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08 February 2011 Limit is Rs. 10,000/- @ 10% and within the time precribed under rule 31 which is generally one month.

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 February 2011 Thanks a lot.


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