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tax F.D entry
sir I have tax free f.d amount is 111500. and f.d interest is 11500 how can I calculate this entry in itr 4 exemption which amount and where I exampted
Replies (1)
Intrest from FD is taxable under Income tax Act, however if such interest is reinvest in FD only in that case you can avail exepmtion under section 80C.
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