Sir won't the bank also deduct any TDS on FD interest...Shall it not let to double deduction
..as by both employer and bank...
Answers!
If bank deducts TDS,employee has to mention that tds to employer also
Suppose total tax liability is 10000
tds deducted b bank=4000
balance tax=6000
tds deducted=6000/12=500
Comment
Answer the question...
If bank deducts TDS,employee has to mention that tds to employer also
Suppose total tax liability is 10000
tds deducted b bank=4000
balance tax=6000
tds deducted=6000/12=500
Comment