Interest on short term deposit as nominee
This query is : Resolved
31 July 2013
Hello ,
My mother has one Short term deposit in her name in which I am nominee, she passed away in month of february 2013 ,
now I have recd the amount of pre matured STD along with interest.
Whether this interest is taxable in my hand and under which head ?
Other wise I fall in 30% bracket..
Pls reply as today is last day of filing return under 139(1)
My mother has one Short term deposit in her name in which I am nominee, she passed away in month of february 2013 ,
now I have recd the amount of pre matured STD along with interest.
Whether this interest is taxable in my hand and under which head ?
Other wise I fall in 30% bracket..
Pls reply as today is last day of filing return under 139(1)
31 July 2013
You can also file the return of your mother as representative assesses and claim the refund of TDS if any. Then this amount will not be taxable in your hand.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- STCG....................................................
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- TAN for Partnership
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Sales return eway bill
- Specified Profession
- GST ON DAMAGED GOODS
- Taxation on LTCG for property sold after 24JUL2024
- Last year TDS Claim
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- Free lancer income
- Long Term Service award taxability in hands of company
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
