Fd interest

ya ise itr me show karna rahega aur tds ka deduction milega

Check the Total Taxable Income and then check which TAX Bracket he/she is coming.

Then you will understand whether it is REFUNDABLE r futher TAX PAYABLE

@ janaki .may i suggest you to post complete income details to judge whether taxable or refundable. Further it may be well if you could caluclate as per slab rates for FY 2013-14 (i.e 2014-15 slab rates). Further you may keep in mind sec 87A i.e regarding about the rebate of 2000 rs available whose income is below Rs 500000 Net total Income .

Income as interest has to be shown in ITR even if TDS is deducted. The details TDS so deducted will be filled in the TDS tab of ITR  and if tax is not calculated under any other provision this TDS can be claimed as refund.

Dear all

Before make a computation as per income to see slap of income tax. if your income exess of slab rate 10 %, 20, & 30 %.  not having refund because you tds deducted by bank 10% but slab rate have 20 % & 30 %  to be tax paid. 

Thanks & regards

Ramanuj

Dear all

Before make a computation as per income to see slap of income tax. if your income exess of slab rate 10 %, 20, & 30 %.  not having refund because you tds deducted by bank 10% but slab rate have 20 % & 30 %  to be tax paid. 

Thanks & regards

Ramanuj

Hi, 

 FD interest in the tds deducted  10% and claim refund  in detail Form 26 AS.

Yes,FD interest is taxable & to be shown in ITR alongwith TDS details . Based on total income, form will calculate & indicate taxable/refundable amount.