Hello,
I need few suggestions in case of a person filing Income Tax - Return for very first time, please guide me on following two scenarios when the only source of income is interest generated on Bank FD
1 – How to file ITr, what is last date to file, does it need help of CA
2- When Form 15 g filed, income (interest on FD) does not exceed tax slab and No TDS deduction – In such case does one need to file IT return (I heard that for PAN holders it is mandatory to file IT R, not sure about it) ?
3 – When income (interest on FD) exceeds Tax Slab and TDS is deducted – The income is accumulated interest till Mar’15 – In such case does one need to file Interest Certificate (for accumulated interest) along with IT-R?
4- For interest accumulated on FD till Mar’15 Interest certificate needs to be filed in both above cases? How to file it?
Would be really thankful for your support.
