Hi,
My father had one FD in which I was nominee.
He did that FD in FY 2020 and passed away in Jan 2021. Maturity of that FD is in Oct 2021.
Do I need to pay tax on interest received?
Thanks
Hi,
My father had one FD in which I was nominee.
He did that FD in FY 2020 and passed away in Jan 2021. Maturity of that FD is in Oct 2021.
Do I need to pay tax on interest received?
Thanks
Nope, its absolutely tax free. There is no need to report it
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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