Senior Citizen Savings Scheme: How to save TDS on SCSS interest income
Senior Citizen Savings Scheme: TDS is deducted when the interest on SCSS exceeds Rs 50,000 in a financial year. This TDS is deducted from the interest and you can claim a credit for this TDS at the time of filing income tax return (ITR). However, there is a way to prevent TDS getting deducted. Read the story to know more.