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Whether tds is applicable on interest on mis and fd

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Querist : Anonymous (Querist)
04 June 2013 Whether TDS is applicable if interest on Monthly Income Scheme from Post office and Fixed Deposit from Bank exceed Rs.10000/- cumulatively ?

04 June 2013 no Tds will be deducted if interest credited not exceed Rs. 10000/- individually for concern bank or Post office.



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