...Saving Scheme-04 interest payment? Sir this is SuryaChandra Rao (Senior citizen-62years)
It is learnt that under Post office SCSS-04 Scheme No tax deduction at source is to be made up to Rs 10,000/- interest paid in a year as per latest orders. If the interest earnings are above Rs 10,000/- in a year and declaration in form 15G/H is given no tax deduction at source is to be made.
I request you to kindly clarify this with reference to the latest orders?
It is learnt that under Post office SCSS-04 Scheme No tax deduction at source is to be made up to Rs 10,000/- interest paid in a year as per latest orders. If the interest earnings are above Rs 10,000/- in a year and declaration in form 15G/H is given no tax deduction at source is to be made.
I request you to kindly clarify this with reference to the latest orders?