FD interest of Charitable trust

Interest income on FD of charitable Trust taxable under which head.
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Quick Summary
This discussion clarifies the tax treatment of interest earned on Fixed Deposits (FDs) held by charitable trusts. The consensus is that such interest income is taxable under the head 'Income from Other Sources'. This applies even when the entity is registered as a charitable trust, as exemplified by the Bombay Presidency Golf Club.

Interest income on fd is other sources.
Interest on fixed deposits (FDs) earned by the Chembur-based Bombay Presidency Golf Club ... The club is registered as a charitable trust.
In other sources

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