https://www.taxtmi.com/circulars?id=4941 TDS on 8% Savings (Taxable) Bonds, 2003 is effective from 1 June 2007 and applies to interest credited or paid on or after that date if aggregate interest in a financial year exceeds Rs. 10,000, irrespective of date of investment. Different deduction rates apply by recipient category and residence; Form 15G/15H may be accepted where taxpayers estimate nil tax and meet aggregate income conditions. Cumulative bond interest is chargeable on credit/accrual exceeding the threshold, and charitable trusts require a section 197 certificate for lower or nil deduction. en-us Tue, 05 Aug 2008 00:00:00 +0530 Wed, 06 Aug 2008 22:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4941 TDS on 8% Savings (Taxable) Bonds, 2003 is effective from 1 June 2007 and applies to interest credited or paid on or after that date if aggregate interest in a financial year exceeds Rs. 10,000, irrespective of date of investment. Different deduction rates apply by recipient category and residence; Form 15G/15H may be accepted where taxpayers estimate nil tax and meet aggregate income conditions. Cumulative bond interest is chargeable on credit/accrual exceeding the threshold, and charitable trusts require a section 197 certificate for lower or nil deduction. Circulars Income Tax Tue, 05 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4941