Premature withdrawal of fd

Please give some data to your query.

Fd of Rs50000 in PY

Withdrawn in CY and received Rs. 50000 only

Tax is calc on intrest for FD. If no intrest then no tax.

In case of premture of  you received partial interest & if interest is less than Rs.10000.00 the  tax. 

no tax in this case

 no tax when no interest income as in this case

If at the time of Investigating amount in Fixed Deposit Account if u claim u r investment  amount as a benefit  u/s 80C at the time of computation of u r taxable Income and withdrawal it before completation of 5 years, counted  from the year on which the investment was made., then Rs.50000.00 will be added back with your total income under 'Income from Other Sources' in the  year of withdrawl and taxed as per normal slab rate as applies in respective A.Y.