FDR AMOUNT. 1,20,000
INTEREST RATE. 9% PER ANNUM
TDS. 10800
As total income less than basic exemption 250000 ,is person require to obtain pan card?
as without pan no. Bank will deduct tds at 20%.
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Requurment to obtain pan card
Replies (4)
no need to take pan instead you can give self declaration in form 15G and if you are senior citizen then in form 15H
You must have a PAN as it is a primary requirement when u are applying in form 15G for No deduction of TDS declaration.
Mohit Sir ,
PLZ tell us which scheme and bank give 9% interest on FD
Mukesh Sir, this is CA final rtp questions on section 139AA and not my personal details
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