Tds
This query is : Resolved
15 September 2014
if I have fd of 50000/- in each of 4 banks. wil banks deduct tds??
15 September 2014
if int exceeds rs 10,000 then yes else no
15 September 2014
no they wont deduct as maximum rate you get these days is not more than 10.50% which wont result in more than 10000 interest from any of the bank. However, the tax liability will continue to exist.
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