Hi All,
Basic doubt, I have FD with a bank dummulative option.
the bank has deducted TDS, now i am filing my returns to get refund.
should i show the interest in my Income form other sources?
thanks....in advance
Raj (ac) (155 Points)
31 March 2011Hi All,
Basic doubt, I have FD with a bank dummulative option.
the bank has deducted TDS, now i am filing my returns to get refund.
should i show the interest in my Income form other sources?
thanks....in advance
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 31 March 2011
its bank interest / income from other sources.
Raj
(ac)
(155 Points)
Replied 31 March 2011
Just to reiterate.
So i have to show the interest though i have not received.?
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 31 March 2011
the interest is added to your FDR after TDS, so your FDR value is now increased.
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