Model Question

If the depositor of Sr Citizen account is obtain Rs 10000/- as deposit in a financial year then what is the rate of TDS to be charged

If the depositor is resident of India then 10 % otherwise 20%

If in any case two SCSS accountsare found opened in the name of same depositor in same deposit office in one calendar month then what is the further corrective action to be taken from department .

The second account opened should be amalgamated with the first account subject to other terms and conditions of the scheme

What subjects are mentioned in Rule 36 and Rule 37 of POSB Manual Vol-I
Various means for proper identification when a signature of depositor differs with the signature on record
What is the time limit for issuing certificate for TDS in respect of commission paid to agents for SCSS ?
For SCSS commission paid to agents : within a week after the expiry of two months from the month in which tax is deducted or consolidated TDS certificate for the whole financial year may be issued within one month of the end ofthe financial year on request from the payee .
What is meant by TAN
Tax Deduction account number
When a pensioner submit an application to c convert their existing pension account into joint account then what document is specially verified by Postmaster?
Verify the name of joint holder (spouse) mentioned in revised SB-3 with that of PPO
What is the criteria for receipt a cheque for opening a PPF account ?
Account will be opened only after the cheque/draft has been realized
Is it possible to open a RD account by NRI ?
No
A blind/visually-impaired person can also open a joint account with a second blind/visually impaired or non-blind/visually impaired person as per normal procedure.
The above said statement is
True
The Public Provident Fund Act -------------- and Post Office Monthly Income Account Rules-------------
1968 and 1987
As per provision of section 269T of income Tax act , what is restricted in connection with repayment of deposit ?
The repayment of deposit more than Rs 20000/- shall be made by account payee cheque