Hi,
I have another query relating to Fixed Deposits - 51A 100 - Investment
The client requirement is
Scenario 1:
The client investing in 20 different banks
In each bank, they are investing multiple amounts as investment (short term to long term)
In india, Interest Income received upto INR 10000 - No Withholding Tax
Above 10000 - Withholding tax applicable (10%)
My client investing in deposits very small amounts means INR 1000 to INR 1 crore
when investing INR 1000/- bank is not deducting Withholding Tax.
Is there any possibility to check manually WHT Exemption for the above requirement
with regards
raju