Senior Citizen FDR Interest
This query is : Resolved
01 August 2008
Can u plz sugges is that when we make FDR(under Senior Citizen Scheme) interest will be taxable or not?
& Bank or oter org. will deduct tds on it or not.
& Bank or oter org. will deduct tds on it or not.
S.Srinivasaraghavan
(Expert)
02 August 2008
Interest will attract Tax.
02 August 2008
Also, Tax at Source will be deductible.
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