Originally posted by : sanku | ||
My father want to buy a flat in my name by withdrawing fixed deposit, is it taxable to me or my father ? |
interest on FD is taxable in hands of your father . you have no part to play in this .
Ankit Taprania
(CA FINAL )
(542 Points)
Replied 23 December 2015
Originally posted by : sanku | ||
My father want to buy a flat in my name by withdrawing fixed deposit, is it taxable to me or my father ? |
interest on FD is taxable in hands of your father . you have no part to play in this .
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India