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Is tds applicable on intt on saving bank a/c

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(Querist)
29 July 2013 Is TDS applicable on intt on saving bank a/c as per new provisions.
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
29 July 2013 TDS u/s 194A not applicable on Interest on Savings Bank Account.
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Aashish Tiwari

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Aashish Tiwari (Expert)
29 July 2013 refer
http://www.taxmann.com/taxmannflashes/BUD12-70g.htm
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