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Fd matured claim under which section
if any short term fd is matured through sweep transfer then the interest that occured will be taken under which section and upto which amount the tax is free
Replies (3)
Quick Summary
Section 56 IFOS interest earned or accrued is taxable and there is no exemption i.e. not tax free.. full amount is taxable
In which source of income i will show sweep transfer interest
Income from other sources you will show
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