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If the interest alone is the income from fd, is it taxable?
Savings are not income... Where from these savings..... That is what we wanted to communicate..... If she is involved in some tuitions or any vocation thereby she earns some income and filed returns earlier you need not worry... Otherwise, people from incometax will be behind you
if interest amt. is less than 300000 for assesement year 17-18. no tax payable
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