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How does TDS calculate on Fixed deposit? i have savings account with SBI which has FD accounts linked to it. every year there is some TDS deducted despite of filling 15G form so i want to know what is the applicable limit for TDS after submitting 15 G form.
I got below quoted information at SBI site
||In case the amount of interest paid/payable exceeds the applicable limit for all accounts linked to single CIF( even though operating at different branches), 15 G is not applicable. Hence please donot submit.||
I got below quoted information at SBI site
||In case the amount of interest paid/payable exceeds the applicable limit for all accounts linked to single CIF( even though operating at different branches), 15 G is not applicable. Hence please donot submit.||
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INTEREST RATE ON LATE DEPOSIT OF TDS.doc
TDS circular.pdf
Format--new TDS rates.xls
