TDS Exemption


This query is : Resolved 

18 January 2010 Dear all

Please suggest me whether banks are liable to deduct the TDS on interest on deposits made by the following Government bodies.

CRPF employee welfare fund etc.


18 January 2010 Is it fund establised by Armed forces then it is exempted from TDS See Circular No.735 Dt:30.1.1996


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