TDS on fixed deposit In SBI

Sir

if interest income is around 36000/-from fixed deposit so can bank will deduct TDS or not
Replies (4)
Quick Summary
This discussion clarifies the rules around Tax Deducted at Source (TDS) on interest earned from fixed deposits with SBI. If your total annual interest income from fixed deposits is less than £40,000, SBI will not deduct TDS. This threshold applies to general customers, with a higher limit for senior citizens.

No bank will not deduct TDS as interest is less than 40000 rupees
Agree with sourav ji
Thank you
No, bank will not deduct TDS

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
ARTICLESHIP 28 October 2026
Article assistants

Shyam S Gupta and Company

New Delhi

CA Inter

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
ARTICLESHIP 22 October 2026
Articleship intern

Srinath Manikanta

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 29 October 2026
Article Assistant (CA Inter / CMA Inter) - Thrissur

Varma Raja & Associates

Thrissur

CA Inter

View Details
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
Featured ARTICLESHIP 31 October 2026
CA Articleship

apricus india

Navi Mumbai

CA Inter

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details