TDS डिफ़ॉल्ट ब्याज पोस्टिंग पर
Definition
Savings interest is taxable under 'Income from Other Sources'; TDS applicable above threshold but not on savings (clarified), yet posting errors trigger audit flags and penalties.
Key Findings
- Financial Impact: ₹10,000-₹50,000 fine per violation + 1.5% p.m. interest under Section 201(1A) IT Act[1]
- Frequency: Quarterly TDS filing (Form 26Q)
- Root Cause: Manual interest aggregation failing TDS threshold tracking
Why This Matters
The Pitch: Savings Institutions in India 🇮🇳 face ₹10,000-₹1 lakh penalties per account annually on TDS defaults from interest posting errors. Automation ensures timely TDS compliance.
Affected Stakeholders
Compliance Officers, Accounts Payable, IT Heads
Deep Analysis (Premium)
Financial Impact
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Current Workarounds
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Methodology & Sources
Data collected via OSINT from regulatory filings, industry audits, and verified case studies.
Related Business Risks
ब्याज गणना त्रुटि से राजस्व हानि
मैनुअल ब्याज कैलकुलेशन पर अतिरिक्त लागत
KYC सत्यापन में देरी
ग्राहक ड्रॉपऑफ़
मैनुअल KYC कार्यभार
KYC उल्लंघन दंड
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