TDS on SB A/c.

Sudiesh (Audit Assistant) (527 Points)

27 October 2017  
One of my friend have Savings Bank Account with Federal Bank Ltd.The bank credited Rs. 35,610 as interest during the FY 2017-18 and the bank deducted tax on interest u/s 194A.

My query is that is section 194A is applicable to SB A/c. interest?