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Fd

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(Querist)
08 December 2015 How to pass entry for penalty on fd? As per the tds certificate only the interest amount is reflected and the closure proceeds as per bank statement is inclusive so what to do?
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CA CS Jainam Shah

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CA CS Jainam Shah (Expert)
08 December 2015 Please explain your question with numbers.
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riddhi

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riddhi (Querist)
08 December 2015 ex : interest on fd (gross) - 15688.33 , penalty - 16721.14 , tds - 1569
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CA CS Jainam Shah

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CA CS Jainam Shah (Expert)
08 December 2015 Here penalty on FD means early withdrawal of fixed Deposit.?

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