Is interest on Recurring Deposit Taxable?
Do I need to file a tax return even if my bank has deducted TDS on my behalf?
Why do I need to pay tax if the Bank already deducts TDS on my interest?
What if I have Multiple Bank Accounts?
Can I change my Primary Bank Account?
Do I need to disclose Foreign Bank Accounts?
Which Bank Account will I get my Tax Refund?

Do I need to file a tax return even if my bank has deducted TDS on my behalf?

Team Quicko

March 30, 2020 13:00
Updated

For anybody whose income exceeds Rs. 2,50,000 in a financial year, they must file a tax return. So even though your bank has deducted 10%, if your income for the financial year exceeds Rs. 2,50,000, you need to file a tax return.

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