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direct tax

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75 Points Posted on 16 October 2018
interest on fd
allowed as deduction us80cto u???
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On 16 October 2018 at 20:34 Report
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Student
3549 Points Posted on 16 October 2018
No deduction on interest on fd. However interest on savings account up to 10000 is allowed under 80TTA.
15 Reply
On 16 October 2018 at 20:38
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"Do the Right Thing...!!!"
128147 Points Posted on 16 October 2018
No... FD interest can't be deductible under sec 80TTA. SB interest only will be deductible.
463 Reply
On 16 October 2018 at 21:14
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Student
3549 Points Posted on 16 October 2018
Raja sir please reread what I have written.
15 Reply
On 16 October 2018 at 21:15
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"Do the Right Thing...!!!"
128147 Points Posted on 16 October 2018
Dear.,
Reply based on Query dear. It's not for Your reply's banned OR to You...
463 Reply
On 16 October 2018 at 21:17
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hyderabad
1653 Points Posted on 16 October 2018
agreed with hitesh and raja pm
9 Reply
On 16 October 2018 at 21:25
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Student
507 Points Posted on 17 October 2018
Interest on FD is fully taxable however if money is invested in 5-year Bank FDs then such investment are allowable under 80C
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On 17 October 2018 at 01:00
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75 Points Posted on 17 October 2018
if Resident acrue income in foreign and doesn't taxed there if he remitted India is it taxable
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On 17 October 2018 at 08:49


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