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(Querist)
04 April 2017 my father has Opene turmdiposit in kotak Bank. bank has hold some principal amount for Advance tds so now I will ask you they are right or wrong. this are income tax or rbi rule
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CS Advocate Abhishek Goyal

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CS Advocate Abhishek Goyal (Expert)
27 April 2017 If interest on term deposits exceed Rs 10000/- banks are liable to deduct TDS under income tax law.

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