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Tds on bank interest

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(Querist)
15 September 2011 Dear All,

Could u please explain me how the bank credit interest on Fixed Deposit & deduct tds on interest.

Regards
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CA Ashwani Agarwal

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CA Ashwani Agarwal (Expert)
15 September 2011 Banks normally credit interest quaterly and deduct TDS on the same u/s 194A

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