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Is TDS Applicable on RBI's 8% Savings Bond?

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Posted on Saturday August 9th, 2008 at 02:39 in TDS Tax is required to be deducted at source on the interest exceeding rupees ten thousand payable during the financial year on 8 % Savings (Taxable) Bonds, 2003 with effect from June 1, 2007 in terms of proviso to clause (iv) of Proviso to Section 193 o...  more
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