As per Indian Taxation & TDS rules, there has to be an option to deduct TDS on Interest Received from the Bank Account. The way there is an option to Calculate GST on Bank Charges, there has to be a similar way to Deduct TDS on Interest Received from the Bank. In the case of Fixed Deposits with Banks, this feature will be helpful.

Currently, TDS Receivable can only be calculated on Customers, and Categorizing banks as customers is not possible. Bank Account will also need fields like P.A.N. No. so that the relevant use case for TDS calculation can be configured.