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.
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