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TDS ON INTEREST

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05 July 2016 Dear experts, suppose I paid Rs.5,00,000 to my father and he got interest on FD on that of Rs.48,000 Bank deducted TDS of Rs.4800 on that. now as per clubbing this is mine income then what about TDS deducted by bank. shall I show income in fathers return

05 July 2016 Treat it as gift and show interest on FD as father's income.



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