other sources

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income on fd is slab rated????
Replies (6)
yes under income from other sources
it will be taxed under head Other sources

Yes Normal Slab rate is applicable on Interest on FD. Show under Head Other Sources.

Yes...

It's calculate under slab rate if Asseessee is Individual or HUF...
Otherwise No...
then we can also set off current year business loss from it???
loss from normal business can be set off against any other income.(other than salaries)

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