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Discussion > Income Tax > TDS >

Tds exemption is avilable.........?

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[ Scorecard : 138] 		Posted On 11 May 2012 at 11:19 Report Abuse

Hi All,

The one Co-Operative Bank made deposits in another Co-Operative Bank, the Interest earned from such deposits is Exempt from the TDS.........................................?

 

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[ Scorecard : 159] 		Posted On 11 May 2012 at 16:52

Any interest payment made to co-operative bank engaged in banking busines, no Tds will be deducted from such payment U/s 194(A) (3) (III) (a)

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