Fixed deposit interest
pkD (article) (221 Points)
13 July 2014
DEEPU HN
(Associates)
(360 Points)
Replied 13 July 2014
There is no provision in income tax like former or business for taxation of interest earned on Fixed Deposit. Hence its better to file the return.
pkD
(article)
(221 Points)
Replied 13 July 2014
DEEPU HN
(Associates)
(360 Points)
Replied 13 July 2014
So please compute net taxable income , if he is liable pay tax tel them to apy tax and sumbit the compliance through online.
pkD
(article)
(221 Points)
Replied 13 July 2014
Tribhuvan Aditya Singh
(Student as well as Self-employed)
(3710 Points)
Replied 13 July 2014