Air and fixed deposits


This query is : Resolved 

(Querist)
08 January 2014 If I make a fixed deposit with a company will this be informed to Income Tax Dept via AIR? If yes, what is the amount above which it is informed? I plan to invest Rs 12L with HDFC (not hdfc bank).

@VaibhavJ (Expert)
08 January 2014 Hi

HDFC is NBFC & same will be reported.

Thanks


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