Tds on interest receivd
This query is : Resolved
22 November 2013
if a person is senior citizen and have Fixed deposit in his name amounting to Rs 150000 and receives 80000 as interst for the whole year on that FD.there is no other income.Bank will deduct TDS ? if yes then can there be any way through which bank will not deduct TDS as the total income is below Slabe rate ie 250000
Pls rply
urgent
Pls rply
urgent
22 November 2013
Submit Form 15H with the bank. The bank would not deduct TDS.
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