Interest on bank fd clarification needed

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

14 July 2013 Hi,
I am a salaried person.
So I know My financial years income.

Now I have bank fixed deposits interest paid at maturity for 2 years.

Opened on 1st july 2013-1st july 2015.

So while calculating income for other source should i calculate july 2013-march 2014's interest?(9 months)

If i found my salary income + this interest is not taxable can I submit 15G.

For finanacial yr 2014-15 should i calculate 12 mnths interest.

For financial yr 2015-2016 should i calculate 3 mnths interest (ie apr 2015, may 2015, june 2015) as interest from other source? It matures in 2015-2016 fy. on 1st july.

Please advise

CA LOKESH KASAT, FCA, M.Com

CA LOKESH KASAT, FCA, M.Com (Expert)
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18 April 2017 Very old query need to be closed now

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