Mathematics · TDS Calculations

A non-senior citizen customer holds three fixed deposit accounts in different branches of the same bank under the same PAN, earning interest of Rs 15,000, Rs 20,000, and Rs 10,000 in a financial year. What is the total Tax Deducted at Source (TDS) applicable at the standard rate of 10%?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Rs 4,000
2Rs 2,000
3Rs 4,500✓
4Rs 0

Correct answer

Rs 4,500

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A non-senior citizen customer holds three fixed deposit accounts in different branches of the same bank under the same PAN, earning interest of Rs 15,000, Rs 20,000, and Rs 10,000 in a financial year. What is the total Tax Deducted at Source (TDS) applicable at the standard rate of 10%?

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A non-senior citizen customer holds three fixed deposit accounts in different branches of the same bank under the same PAN, earning interest of Rs 15,000, Rs 20,000, and Rs 10,000 in a financial year. What is the total Tax Deducted at Source (TDS) applicable at the standard rate of 10%?

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