other sources

24 August 2018

income on fd is slab rated????

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6 Replies

Kaustubh Sonawane (23 Points)
Replied 24 August 2018

yes under income from other sources

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CA P V N Varma (CA ) (609 Points)
Replied 24 August 2018

it will be taxed under head Other sources

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Rahul Prajapati (Student) (2282 Points)
Replied 24 August 2018

Yes Normal Slab rate is applicable on Interest on FD. Show under Head Other Sources.

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RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 24 August 2018

Yes...

It's calculate under slab rate if Asseessee is Individual or HUF...
Otherwise No...

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Sachin Goyal (3 Points)
Replied 24 August 2018

then we can also set off current year business loss from it???

Henna Jain (32 Points)
Replied 27 August 2018

loss from normal business can be set off against any other income.(other than salaries)

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