Tds when form60 is given
This query is : Resolved
16 March 2016
SIR,
i want ask if i open a fixed deposit of Rs.200000. i submitted FORM 60 instead of PAN.then bank will dwduct tds on FD or not. if deduct at which rate they deduct.please clarify me
i want ask if i open a fixed deposit of Rs.200000. i submitted FORM 60 instead of PAN.then bank will dwduct tds on FD or not. if deduct at which rate they deduct.please clarify me
16 March 2016
Income tax will be deducted at 20% for want of PAN.
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