fixed deposit interest accrued amount is taxable during the the FY
Bank not deducted TDS on it
it we can consider at the time of maturity
TDS on FD interest is deducted only when interest is more than 10,000 in a year.
4 Replies
prashant desai
(190 Points)
Replied 21 June 2017
Yah, its interest accrued amount 84k
shall I consider in this year tax calculations
shall I consider in this year tax calculations
prashant desai
(190 Points)
Replied 21 June 2017
interest accrued amount 84k yearly
shall I consider in this year tax calculations
shall I consider in this year tax calculations
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 21 June 2017
Yes it is taxable on accrual basis.
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