Interest on recurring deposit taxability

Tax queries 157 views 3 replies
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ca final student
323 Points Joined May 2011

when interest on recurring deposit is credited after maturity at once or yearly or monthly of a monthly recurring deposit...?

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On 22 July 2022 at 10:45 Report
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GST Practitioner & Accounts
15022 Points Joined March 2014
Yearly................
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On 22 July 2022 at 11:08
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ca final student
323 Points Joined May 2011

so it will get taxable in the year of receipt..?

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On 22 July 2022 at 11:10
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GST Practitioner & Accounts
15022 Points Joined March 2014
Interest earned on recurring deposite taxable, if cross threshold limit .
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On 22 July 2022 at 11:26


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