Sir
Government Organization which have valid PAN of Governement Catagory,having Fixed Deposits in bank, bank is deducted TDS or Not
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Tds u/s 194a incase deposits of govt departments
Replies (3)
It's depend on type of Government Department. And moreover the Government department may give a letter to the bank for non deduction of TDS.
Sir
Rajasthan State Government Department
Dear Virendra
Section 196 of the income tax act, is the answer of your question.
Thanks.
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