Recurring Deposit Interest Income taxability
This query is : Resolved
10 July 2022
I have Opened Recurring deposit for 1 year duration during June'21 and the recurring deposit matured during June'22. I have received interest of recurring deposit during June'22(at the time of maturity). Whether the interest income of particular recurring deposit is taxable during FY21-22 or FY22-23 ?
10 July 2022
For 9 months in FY 2021-22 & rest in FY 2022-23.
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