Interest on F.D.

intrest received on fd is taxable, further u can also get tds certificate from bank if they deducted it

there may be deduction if u make fd in post office.

 if amount of interest is upto Rs. 5000 then it is not taxable.

yes the Interest on FD is liable for TDS deduction if the intt on FD is more than 15000/- presently and is taxed as income from other sources.

Pradeep

If FD is invested for more than 5 years then deduction is available u/s 80C