How 12aa registered Trust can get exemption of 194A Tds

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Hello,
section 8 company (NPO) recently got 12AA & 80G certification . currently bank has deducted TDS on Fd Interest.

please Guide us regarding procedure so that bank do not charge tds on FD interest

Thank you
Replies (1)
Bank is liable to deduct TAX u/s 194A as TDS provisions are applicable to Section 8 company. You can claim refund of the amount while filling ITR.


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