Interest on fdr
This query is : Resolved
Bindu jashwani
(Querist)
28 July 2014
I have salary income only which is exempt as per slab and income from interest on FDR .what is the treatment as per income tax law is it necessary to file return .even nil income including interest income
28 July 2014
If your income is less than exemption limit then it is not compulsory for you to file return. But its advisable to file your return and maintain your income tax file properly.
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