Dear sir i am AV Narayana from Hyderabad, I have a doubt regarding whether TDS is applicable on interest credit to Saving account by bank if so under what section TDS deducted at what %
Please guide me
3 Replies
CA RAJESH RATHI
(C.A.)
(23 Points)
Replied 13 March 2009
see 194 A OF I.TAX ACT INWHICH IT IS CLEARLY MENTION THAT NO TAX IS REQUIRED TO BE DEDUCTED IN CASE OF INTT. ON RD AND SB A/C
CA RAJESH RATHI
(C.A.)
(23 Points)
Replied 13 March 2009
see 194 A OF I.TAX ACT INWHICH IT IS CLEARLY MENTION THAT NO TAX IS REQUIRED TO BE DEDUCTED IN CASE OF INTT. ON RD AND SB A/C
CA RAJESH RATHI
(C.A.)
(23 Points)
Replied 13 March 2009
see 194 A OF I.TAX ACT INWHICH IT IS CLEARLY MENTION THAT NO TAX IS REQUIRED TO BE DEDUCTED IN CASE OF INTT. ON RD AND SB A/C
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