Hi,
My father had one FD in which I was nominee.
He did that FD in FY 2020 and passed away in Jan 2021. Maturity of that FD is in Oct 2021.
Do I need to pay tax on interest received?
Thanks
Hemendra Vyas (21 Points)
07 July 2021Hi,
My father had one FD in which I was nominee.
He did that FD in FY 2020 and passed away in Jan 2021. Maturity of that FD is in Oct 2021.
Do I need to pay tax on interest received?
Thanks
Nihit
(Accounts executive)
(29 Points)
Replied 07 July 2021
VISVANATH V
(7 Points)
Replied 07 July 2021
Nope, its absolutely tax free. There is no need to report it
Krishna Chaudhary
(Accountant)
(4531 Points)
Replied 07 July 2021
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