Tds u/s 194a incase deposits of govt departments

Sir

Government Organization which have valid PAN of Governement Catagory,having Fixed Deposits in bank, bank is deducted TDS or Not

 

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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