Tds on fds


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Querist : Anonymous

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Querist : Anonymous (Querist)
07 August 2013 [1] Under which section TDS to be deducted on FDs by Banks 193 or 194A ?
[2] whether TDS return for Q-1(FY 13-14)allowed to be revised by department ?

07 August 2013 Section 194A

Yes return can be revised. No time limit mentioned for same.

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 August 2013 I have Compu Tax software and according them department has not provided them utility for revision in Q-1.

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 August 2013 Also pls comment on Querry-1

07 August 2013 1) TDS Should be deduct on FDs by banks under section 194A (Interest payable by banks).

2) You can revise the Q1 return.

07 August 2013 For revising the return you need to download consolidated fvu.


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