Submitted 15G to bank against few FD's but now the total interest income of the FD's exceeds the 2.5 L limit for the financial year
Will TDS be now automatically deducted by the bank once it crosses 2.5 L limit(it's a quarterly payout) and ignoring 15G submitted and thus making the submitted 15G null and void.
Shaswat initial support private limited
Ahmedabad
CS
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T R SOOD & CO
New Delhi
CA Inter
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CAclubindia
