A person having aggregate annual FD interest less than Rs. 10000.
Does he need to mention this amount in other income column of ITR?
URGENT........................
Menu
Fd interest less than 10000
Replies (5)
yes,u should show it under the head income from other sources while filing ITR
even if this aggregate amount is total interest from more than one bank?
(total annual FD interest < Rs. 10000)
it should de disclosed under income from other source it doesn't matter whether from diff. banks
Interest from FD is chargeable to tax under Other sources.
he have to show income from other sources and he will not get deduction u/s 80TTA as it is applicable for saving bank interest and not on fd interest
Recent Topics :
- GSTR 9 LATE FEE
- Best Online Mock Test Series for CA Inter January
- COST OF IMPROVEMENT
- Pillows and Mattresses
- GST Applicability for Reg. / Un-Reg. Indian custom
- Amended GST Act & Rules
- FAST DS 2026 MAIL QUERY
- Does Anyone need CA Foundation books of May2026 at
- Last day for ITR-U for AY 2023-2024 (FY 2022-2023)
- Sale of shares in indian company by a non resident
Related Topics :
CAclubindia
