Tds on charitable trust or educational school
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 February 2015
Whether banks are responsible to deduct TDS on interest on Fixed deposits of any Trust registered u/s 80G or educational school registered in society Act
04 February 2015
Yes, Bank are responsible for deduction if interest excess limit. 80G registration is irrelevant for TDS deduction purpose.
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