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

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