Tds deducted for two financial years clubbed together

209 views 1 replies
deposited 5 lakhs in pravasi dividend on 27 jun 22. on 27 jun 23 tds deducted @ 30% for the accumulated interest for a period 27 jun 22 to 27 jun 23 i.e. financial year 2022-23 and 2023-24 clubbed together. is it correct
Replies (1)
Yes, TDS deducted based on interest.
But, Check out the deposit T&C.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register