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Tds on fd

This query is : Resolved 
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(Querist)
28 October 2013 when bank deduct tds on interest??? according to latest rule....
Quarterly, end of financial year ,on maturity or payment?????
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@VaibhavJ

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@VaibhavJ (Expert)
28 October 2013 Hi

Bank deduct TDS only when Int paid exceeds threash hold limit.

Once thresh hold limit exceeds TDS is deducted while making payment/accrual.

Thanks//VaibhaJ
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shubham garg

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shubham garg (Querist)
28 October 2013 accrual means ??? @vaibhavj
bank give interest on fd quarterly
now bank deduct tds quarterly or end of financial year ???
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