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Nilesh Shringarpure   17 July 2021

TDS on fds

kindly advise
whether banks count yes per FD or collectively


 5 Replies

Balamurali Unnithan MS

Balamurali Unnithan MS (STUDENT)     17 July 2021

FD -Interest more than 40 thousand / 50 thousand, Banks deduct 10% u/s 194 A for Individuals & Senior Citizens respectively.
Susmita Dutta, CA , CPA

Susmita Dutta, CA , CPA (CA )     17 July 2021

It is counted collectively .

1 Like
Balamurali Unnithan MS

Balamurali Unnithan MS (STUDENT)     17 July 2021

Deducted on payment wise.

Nilesh Shringarpure

Nilesh Shringarpure   17 July 2021

Thanks
Lotus Choudhary

Lotus Choudhary   18 July 2021

Yes it's counted collectively

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