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Senior Citizen FDR Interest

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(Querist)
01 August 2008 Can u plz sugges is that when we make FDR(under Senior Citizen Scheme) interest will be taxable or not?
& Bank or oter org. will deduct tds on it or not.

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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
02 August 2008 Interest will attract Tax.
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CA RAMESH KUMAR AHUJA

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CA RAMESH KUMAR AHUJA (Expert)
02 August 2008 Also, Tax at Source will be deductible.
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