tax dedut at source


This query is : Resolved 

18 March 2008 Can a bank deduct t.d.s on interst on Fixed deposits held by a trust (registered u/s 12AA )like any other person?

18 March 2008 Bank has to deduct TDS on Interest arising out of FD.

19 March 2008 YES BANK IS LIABLE TO DEDUCT TDS


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