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Related 2 interest on FDs nd RDs long term and short term

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(Querist)
18 July 2011 Sir/mam,
plz tell me about provisions related to interest on FDs and RDs. What is the provision in direct tax code for maturity amount of short term and long term FDs and RDs......
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CA MANOJ GUPTA

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CA MANOJ GUPTA (Expert)
19 July 2011 INTT ON FD AND RD WILL BE TAXABLE
MATURITY VALUE IS NOT TAXABLE NOW AND THEN ALSO
IT IS THE INTT THAT IS TAXABLE NOW AND UNDER DTC ALSO

CA MANOJ GUPTA
JODHPUR
09828510543

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