under which head of income interest on F.D. Taxable?
7 Replies
CA Dhiraj Ramchandani
(CA, M. com)
(10823 Points)
Replied 04 September 2009
Mehul,, m really sorry to say this, bt u r CA FINAL STUDENT, and u askin sch Question?????
M bit amased, coz its one of d most basic things...
Nywz, if u passed pe-2 or pce, then keep on updating all that u studied.. it really helps.. i do it too
CA. SUJAL MEHTA
(Service)
(3316 Points)
Replied 25 September 2009
MEHULLLLLLLLLLLLLLLLLLLL.......................... this is really very sorry on your part that you are asking such type of silly questions. I do not expect this from you. You have also spoiled our name and name of JINDAL.
Have you skipped Income From Other Sources in PCC?????????????
What is this MEHULLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL?
Rajeev
(www.rkmco.com)
(985 Points)
Replied 25 September 2009
depends on what type of an FD it is , if term deposit , then IFOS , if its a current a/c sweep FD , then its business income.
Request to other members : Guys pls dont ridicule anyone if he has a doubt , remember being a CA student or a CA we have to keep on learning all our lives . A doubt is a doubt , no matter how big or small . Wish you guys all the good luck in your lives.
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