Tds - rate of deduction
This query is : Resolved
14 October 2014
Sir,
What is the rate of deduction for any government department which has earned the interest on money deposited with any of the banks as they have not given any PAN?
(If Your answer is 10% clarify me the Section or Rules of IT Act)
What is the rate of deduction for any government department which has earned the interest on money deposited with any of the banks as they have not given any PAN?
(If Your answer is 10% clarify me the Section or Rules of IT Act)
14 October 2014
there is no tax deduction on payments made to govt. refer section 196
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