Calulation of total income
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 May 2016
i have deposited my father pf amount,received after my fatehers death in my name in the bank in form of fixed deposit.
weather interest on FD will be added to my income while filling return in the heads of other sources.& how can i know bank will deduct tds on my fixed deposit if am not eligible to submitt 15G.
please help me.
weather interest on FD will be added to my income while filling return in the heads of other sources.& how can i know bank will deduct tds on my fixed deposit if am not eligible to submitt 15G.
please help me.
CA Mithil Munot
(Expert)
18 May 2016
Yes it will be added in your income.
Ask bank to give you form 16a for the amount of TDS deducted by them.
Regards
CA MITHIL MUNOT
camithilmunot@gmail.com
Ask bank to give you form 16a for the amount of TDS deducted by them.
Regards
CA MITHIL MUNOT
camithilmunot@gmail.com
Rupesh Jain
(Expert)
18 May 2016
intt will include in your income and tds will dedcted by the bank if intt. amount is exceeds rs. 10000/- in year. TDS deduct @10% .
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