Time deposits include recurring deposits repayable after fixed periods for specified tax deduction and collection purposes. Time deposits mean deposits, including recurring deposits, repayable upon expiry of fixed periods. This definition applies for TDS and TCS purposes under ... Summary
Time deposits include recurring deposits repayable after fixed periods for specified tax deduction and collection purposes.
Time deposits mean deposits, including recurring deposits, repayable upon expiry of fixed periods. This definition applies for TDS and TCS purposes under the Income-tax Act, 2025, and for specified purposes under section 194A of the Income-tax Act, 1961.
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