if we have F.D in bank can we get any tax benefit for that for principle or int any
Menu
incom from other source
Replies (3)
You can claim the TDS that the bank has deducted for your interest income in your tax computation. But dont forget to include your interest income under taxable income.
hi how ru?
Yes u can get benefit of FD .It is covered under sec 80c limit of Rs.1,00,000.But FD period should be atleast for 5 yr.
Recent Topics :
- Discrepancy in Auto populated figures in GSTR1 of
- What should I do after receiving a GST Show Cause
- Discuss and Download CA Inter Question Paper Septe
- Hi experts needed some help
- Gift of Immovable Property u/s 92 of Income Tax Ac
- NSE BSE Pre-open session changes from 7 September
- Financial statements for non corporate entities
- Hi experts need some help
- Is SAP FICO a good career option for finance and a
- Direct Cost booking
Related Topics :
CAclubindia
