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Fixed deposit in obc bank

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(Querist)
18 September 2019 Sir

Today I have made a FDR from obc bank in the value of Rs. 180000/- -for 2 years.bank staff told me please fill form 15 G other wise TDS will deduct. So that's means TDS deduction limit 40K yet not implement.
Please guide
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CMA SIVAKUMAR A,ACMA.

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CMA SIVAKUMAR A,ACMA. (Expert)
18 September 2019 Implemented . From 1/4/2019 it is applicable .The stand taken by bank is incorrect

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