When do I become liable for India HDFC Bank TDS?

1 ANSWERS

1. Guest5077
   

   If the aggregate interest that you are likely to earn for all your deposits held in a branch in a customer id is greater than Rs .10,000/- in a financial year, you become liable fo TDS.Tax liability for TDS purpose is determined at branch level. Deposits held by minors are also subject to TDS. The credit for the TDS can be claimed by the person in whose hands the minor's income is included.

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