Tax


This query is : Resolved 

22 June 2015 I have surplus cash to the tune of rs500000 out of which for 300000 I have made an FD I want to know interest on this FD will be chargeable under which head

22 June 2015 Interest from FD will be taxable under the head Income from Other Sources.

Rupesh Jain (Expert)
22 June 2015 its taxable under income from other sources.


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