(1)what is the threshold limit on which tds not levied on saving bank interest and how much tds beyond the limit as per FY2019-20?
(2)limit for interest income from bank FD?
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Tds on saving interest
Replies (2)
no tds on savings bank account. 40000 limit on bank fd
No TDS on Interest on saving bank a/c
TDS liability accrued @ 10% if Interest amount is greater than 10,000
TDS liability accrued @ 10% if Interest amount is greater than 10,000
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