Tds on fixed deposit in bank

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 October 2013 when bank deduct tds on interest??? according to latest rule....
Quarterly, end of financial year ,on maturity or payment?????

28 October 2013 while crediting interest your account or payment which ever is earlier. If the interest payment is quarterly then it will be deducted quarterly

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 October 2013 bt some bank deduct tds on end of financial year and credit interest quarterly.... why ?

10 November 2013 some time banker will wait till the threshold limit under TDS provision


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