Interest on FD [ Term deposit or recurring depost]
T.N.REDDY (M.Com) (239 Points)
20 June 2023
sir. interest on F.D, do we have to go by ATS OR AIS, while filing the income tax return
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(167008 Points)
Replied 20 June 2023
Go with AIS report, if the interest certificate issued by bank matches with it.
Swapan Kumar Giri
(68 Points)
Replied 24 June 2023
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(167008 Points)
Replied 24 June 2023
1. Yes, taxable.
2. Yes, chargeable.
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
