5 Year Bank Recurring deposit
Vijay Lokhande (24 Points)
06 June 2019
Interest from Bank 5 year Recurring deposit is taxable or not, BANK Already deducted TDS 10%
3 Replies
CA. Umesh kumar
(ca.umesh11@gmail.com)
(1465 Points)
Replied 06 June 2019
yes taxable. but senior citizen can claim deduction of 50000 under section 80TTB
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