1. If PAN is not submitted by employee than maximum marginal rate of Income Tax is apply.
2. No TDS would be charged on withdrawal amount of Provident Fund on or after June 1, 2015.
3. If Provident Fund paid at the time of death or retirement than TDS is not deduct.
4. Any interest on securities other than Bank deposit than 10% TDS would be charged in case of resident.
5. If TDS is deduct by any other country except India than this TDS amount is not included in the Income of Other Sources.
6. If interest on Bank deposit is not exceed Rs. 10,000 than no TDS would be charged.
Tuesday, June 21, 2016
Subscribe to:
Post Comments (Atom)
No comments
Post a Comment