Recurring deposit interest
Lakshay (None) (160 Points)
12 July 2016Lakshay (None) (160 Points)
12 July 2016
Dinesh Mertiya
(PROFESSIONAL)
(761 Points)
Replied 12 July 2016
Yes, Interest on RD account is taxable on accrual basis and should be included in Gross total income for F. Y 2015-16
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)