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Tds intt even 15g provided to bank

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(Querist)
19 July 2014 can it be if intt above 2lakh?
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
19 July 2014 yes. even if the Bank assumes that you have no other source of income, once the interest crosses the basic exemption limit, TDS has to be deducted.

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