TDS for Pigmy amount
This query is : Resolved
06 May 2009
TDS is applicable for taking pigmy amount back from bank after one year or more. If amount is more than 20,000 or 50,000, if it is applicable under which section.
plz give a detail about this,
Thanks
plz give a detail about this,
Thanks
chetan soni
(Expert)
06 May 2009
TDS is applicable if the amount of interest is above Rs. 5K for the year. This is applicable u/s 194A
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