When is TDS deducted for 5 Year Tax Saving Fixed Deposit

When is TDS deducted for 5 Year Tax Saving Fixed Deposit

TDS is deducted every time the Bank pays/re-invests interest during the Financial year. In addition TDS is also deducted on interest accrued(but not yet paid) at the end of financial year viz. 31st March.

When is TDS deducted for 5 Year Tax Saving Fixed Deposit

TDS is deducted every time the Bank pays/re-invests interest during the Financial year. In addition TDS is also deducted on interest accrued(but not yet paid) at the end of financial year viz. 31st March.