GOI BOND
TDS Not applicable but TDS Deducted
Ref : 6645/BLA/TBICI08562075. With reference to the above, Principal value rs.3000 & interest for 6 years rs.18030/- (i.e 3006 pa approximately) but tds deducted at 20% on rs.18030/-.(tds is applicable u/s 194A excess rs.10000/- per annum) ...