Form 26 as
This query is : Resolved
15 July 2014
Interest received from Fixed deposit in a company is shown in form 26 AS and also TDS has been deducted at 10% for the interest received.But status of booking is shown as "U" ie, 'unmatched'.
My doubt is whether this Interest income would be chargeable to tax ?
My doubt is whether this Interest income would be chargeable to tax ?
15 July 2014
yes it is taxable but u will be able to get the tds reduced from final liability
Message likes :
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15 July 2014
Thanks Thushar.......
15 July 2014
ur welcome..............udma.........................
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