Question

Which of the following transactions is NOT typically subject to TDS in banking (as of Jan 2024)?

A Bank interest over ₹40,000 (₹50,000 for senior citizens)
B Cash withdrawal above ₹1 crore
C Sale of immovable property above ₹50 lakh
D Deposit of cash above ₹5 lakh in savings account
E Rent payment exceeding ₹2.4 lakh/year
Practice Next

Relevant for Exams:

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)