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.

CA Mithil Munot

CA Mithil Munot (Expert)
Follow

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

Rupesh Jain

Rupesh Jain (Expert)
Follow

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% .

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

CA.Pinank Arvindbhai Shah

venkanna setty

Vignesh Killur

Tax Expert Group

NIKHIL GUPTA

Subscribe Now

Calulation of total income

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANT

Accountant

Article Assistant

CA Final

GST CONSULTANCY