Int on recurring deposit with bank
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 May 2014
Is interest on Recurring deposit more than 10,000/- P.a. from bank liable to Tds and Income tax.
09 May 2014
no. tds is not applicable on recurring deposits.
09 May 2014
but yes, income tax is applicable....
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