https://www.taxtmi.com/circulars?id=11346 Where a court directs one or more litigants to deposit specified sums in a bank, the bank must deduct TDS on interest accruing on such deposits at rates in force and issue the certificate of deduction in the name of the depositor; where multiple depositors are involved, TDS is to be apportioned to each depositor's share and separate certificates issued. Depositors must submit a prescribed declaration to the court for transmission to the bank. The procedure excludes deposits held or administered by the court or arising from attachment and cases of a representative assessee. en-us Fri, 14 Oct 2011 00:00:00 +0530 Tue, 18 Oct 2011 16:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11346 Where a court directs one or more litigants to deposit specified sums in a bank, the bank must deduct TDS on interest accruing on such deposits at rates in force and issue the certificate of deduction in the name of the depositor; where multiple depositors are involved, TDS is to be apportioned to each depositor's share and separate certificates issued. Depositors must submit a prescribed declaration to the court for transmission to the bank. The procedure excludes deposits held or administered by the court or arising from attachment and cases of a representative assessee. Circulars Income Tax Fri, 14 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11346