Sweep bank a/c
This query is : Resolved
15 August 2014
what is sweep account ?? and
whether saving a/c can be converted into sweep a/c...??
what are benefit practically??
21 August 2014
You get more interest. But interest liable to TDS if more than 10k, which is not in the case of saving a/c. and you can not claim deduction of intt. u/s. 80 TTA
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