banner_ad

When is Tax Deducted at Source on Bonds

TDS / TCS 1294 views 5 replies
I have invested in RBI Bonds and I have selected Cumulative Option
whereby Interest along with the principal amount will be received by me
at the end of six years. I want to know when will the tax be deducted
on the Interest. Will it be every year or at the time when I receieve
the entire amount after six years? Thanks in advance.







Replies (5)
At the time of maturity !
At the time of maturity
Under sec.194(A) when we receive interest along with principal in RBI Bond The interest is taxable at the time of Maturity That's why TDS is Deductible only on Maturity
But what will happen If it would be FD in Bank & We wre depositing Interest in R.D.??????
at the time of paying int. tds yearly subject to monetary limit o f rs. 5000


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details