tds on appreciation payable

This query is : Resolved 

14 December 2010 do we have to deduct tds on appreciation payable? if yes then at wat rate and whta is the maximum exemption limit

14 December 2010 What do u mean by appreciation. Kindly clarify first?

15 December 2010 If It is paid under the head salary, TDS is deductable.

15 December 2010
firstly thanx for your response

actually i work in company which deals in fd and rd. on maturity of fd they pay to the customer either land or money. interest amount of fd they post it to land appreciation a/c




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