Regarding tax treatment
This query is : Resolved
sanjay kumar
(Querist)
25 October 2014
sir, My mother and me had done fixed deposit in bank. Now my mother is no more and i am a bank employee. My question is this , will interest income include in my income or it will treat as gift income ? Pls Help me
25 October 2014
Interest portion will be taxable in your hand.
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