Tds when form60 is given

This query is : Resolved 

16 March 2016 SIR,
i want ask if i open a fixed deposit of Rs.200000. i submitted FORM 60 instead of PAN.then bank will dwduct tds on FD or not. if deduct at which rate they deduct.please clarify me

16 March 2016 Income tax will be deducted at 20% for want of PAN.



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