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proceeds from FD received by nomimee after the death of assessee.
proceeds from FD received by nomimee after the death of assessee. will interest portion be taxable in the hands of nominee? if the bank had not deducted tds from the assessee earlier on.
Replies (1)
Prima facie only the interest from the date of demise of the owner should be taxable in the hands of nominee. Earlier to that date taxable in the hands of the deceased person.
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