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fd maturity tds
Is fd maturity amount adjusted for tds?
Replies (2)
NOT CLEAR THE QUERY
In the normal course the interest on FD is more than Rs.10000/- in a financial year TDS will be done by the financial institutions itself, as for as I know. TDS will not be there if FD is done under tax saver categories, which will be for 5 year term.
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