TDS exemption for specified savings deposits: interest on listed post office accounts and national savings certificates not subject to deduction. The government notification declares that tax is not to be deducted at source from interest credited or paid in respect of specified post office deposits and named small savings certificate schemes, listing recurring and time deposit accounts, monthly income accounts, Kisan Vikas Patras, National Savings Certificates, and specified development certificates as exempt for withholding purposes.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
TDS exemption for specified savings deposits: interest on listed post office accounts and national savings certificates not subject to deduction.
The government notification declares that tax is not to be deducted at source from interest credited or paid in respect of specified post office deposits and named small savings certificate schemes, listing recurring and time deposit accounts, monthly income accounts, Kisan Vikas Patras, National Savings Certificates, and specified development certificates as exempt for withholding purposes.
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