TDS

by Dipen
(Delhi)

Please tell me sir

I am 62 yrs old and I don't have any source of income. My wife died this year and I have got Rs 24 lacs from her office (gratuity and CPF)

Can I invest all this amount in FDs and avoid paying any TDS if the rate of interest in FD is 10.05 % per year

Plz tell me this sir

TDS ON REMUNERATION

by MANOJ RATHOD
(MALKAPUR MAHARASHTRA)

RESPECTED SIR,

WE ARE RUNNING 2 PROPRIETORSHIP CONCERN I.E. DALL MILL. WE GIVE REMUNERATION TO ONE OF OUR FAMILLY MEMBERS FROM BOTH CONCERN.REMUNERATION IS GIVEN ON 31ST MARCH FOR WHOLE YEAR. TOTAL REMUNERATION FROM BOTH CONCERN IS 3 LAC.
SHOULD WE DEDUCT TDS ON REMUNERATION IN BOTH CONCERN.
WHEN SHOULD WE DEDUCT TDS. WE DEDUCT TDS IN MARCH. ARE WE RIGHT OR NOT
PLS GUIDE ME
THANKING YOU.

WE ALSO THANK YOU TO AVAIL THIS FACILITY TO POSE QUESTION IT IS VERY USEFUL TO ALL IN THIS FIELD

TDS Related

by dilip navale
(mumbai)

My co. deducted tds on hiring charges this transaction comes u/s194i but tds deducted u/s194c @ 2% and also return file thats ok of may I do revise tds return?