sbi tax saving fixed deposit

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employed
33 Points Posted on 17 June 2010

I want to know whether interest earned under tax saving fixed deposits are taxable or not?

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On 17 June 2010 at 08:45 Report
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accounts officer
38 Points Posted on 17 June 2010

Interest income earned from Tax savings fixed deposit

are interest part taxable.    If interest income received/earned

Rs. 10000/- in the financial year TDS will be deducted

by the bank @ 10%

 

Ramanncharyulu

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On 17 June 2010 at 09:00
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chartered accountants
73 Points Posted on 17 June 2010

interest income earned on bank fixed deposits qualifying u/s 80C is fully taxable

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On 17 June 2010 at 21:43

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