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Interest On FDR
when was bank not deduct TDS on interest on FDR even Interest is greater than 10000.
Replies (6)
Submit form 15G 15H.....when ur income doesn't exceed BEL
Yes... I agreed to Mr Divakar...
here BEL stands for??
2.5 lakh.... Basic exemption limit.... Ur income doesn't exceed maximum amount not chargeable to tax
if Our income are exceeds BEL then TDS is compulsory deductible by bank after submitting or non-submitting 15G and 15H
yes then tds is deductible on FD interest if it exceed Rs.10000
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