IS tds to be made on interest payment to UCO bank??
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TDS
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No liability of TDS in case of Interest payment to Bank.
Check if UCO BANK IS ESTABLISHMENT UNDER BANK REGULATION OR AS FINNACIAL INSTITUTAION THEN NO NEED TO DEDUCT TDS ON INTEREST PAID TO BANK
banks, RBI, Financial institutions and government entites are not under the purview of TDS provsions so ttax need not be deducted......
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