Tds on interest on fixed deposit of trust
This query is : Resolved
06 April 2016
Hello, I am CA Saloni MEhta
I am working with co-Operative Bank
My question is:
Whether bank should deduct TDS on interest on fixed deposit of trust?
Can trust fill 15G for non deduction of TDS on interest on Fixed Deposit?
Please Guide.
I am working with co-Operative Bank
My question is:
Whether bank should deduct TDS on interest on fixed deposit of trust?
Can trust fill 15G for non deduction of TDS on interest on Fixed Deposit?
Please Guide.
06 April 2016
Yes, Bank has to deduct TDS on FD Interest Income of Trust..
Form No 15G: Only a person who is resident in India can submit Form No. 15G. Any person other than a company can submit Form No. 15 G. So any individual, HUF, Trust, Association of Persons or Body of Individuals can submit Form No. 15G.
Form No 15G: Only a person who is resident in India can submit Form No. 15G. Any person other than a company can submit Form No. 15 G. So any individual, HUF, Trust, Association of Persons or Body of Individuals can submit Form No. 15G.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
