Tds deduction

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 April 2013 Should TDS be deducted or not on interest charged by the bank??

05 April 2013 Deduction of TDS on the payments to bank doesn't apply.

So no need to deduct TDS on Interest charged by the bank.

OM SAI SRI SAI JAI JAI SAI



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