Is tds applicable on intt on saving bank a/c

This query is : Resolved 

29 July 2013 Is TDS applicable on intt on saving bank a/c as per new provisions.

29 July 2013 TDS u/s 194A not applicable on Interest on Savings Bank Account.

29 July 2013 refer
http://www.taxmann.com/taxmannflashes/BUD12-70g.htm


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