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TDS ON INTEREST ON SAVING BANK ACCOUNT

TDS / TCS 7554 views 3 replies

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

Replies (3)
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
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
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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