TDS on RBI(GoI) 7.75% Taxable Bonds

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TDS on RBI(GoI) 7.75% Taxable Bonds is not deducted if interest income is up to 50,000 for Senior citizen ?
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If interest income exceeds 10000/- then TDS will be deducted. Limit of 50000/- doesn't apply to GoI Taxable bonds
Thanks for quick response

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