I am having bank accounts in different branches of the same bank. The interest amount in any one of the branches does not exceed Rs. 10000. Is the TDS deductible from the amount of interest income?

I am having bank accounts in different branches of the same bank. The interest amount in any one of the branches does not exceed Rs. 10000. Is the TDS deductible from the amount of interest income?

As per section 194A of the Act, the core banking solutions of the banks and societies have to be taken into account for considering whether the TDS has to be applied or not.


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