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Tds

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(Querist)
09 February 2012 When payment interest to a senior citizen TDS applicable.Please confirm.
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CA. Hari Kishan

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CA. Hari Kishan (Expert)
09 February 2012 Should the senior citizen have income less then taxable limits prescribed.. he can issue FORM 15H.. (only against interest) for NON DEDUCTION OF TDS, Else you shall be required to deduct TDS

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