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Fdr maturity amount

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 March 2018 FDR Maturity amount received in bank and same year with in 2-3 days we open new FDR in same bank. such Maturity amount required in ITR, if yes than we show and which section such amount exempt/
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K Srinivas, CMA CS

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K Srinivas, CMA CS (Expert)
28 March 2018 FDR maturity amount is never taxable, only the interest income from FDR is taxable.
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