Taxability

 

hi all.....

 

I would like to know.....if the Spouse has a bank deposit and he dies during the continuation of the deposit...will the interest on his FD be taxed on his wife ??????

 

Plz help

Replies (12)

Income which accrue after death of spouce will be taxable in the hand of wife....

Yaa it will be taxable in the hands of the wife or will be taxable in the hands of the nominee .....

ya interest earned after the death of spuse will be taxable in the hands of wife 

Yes such interest will be taxable in hands of nominee, it may or may not be a wife..

I AGREE WITH SIRISHA

tds shall be deducted on only amount of rent. service tax includes only in 194j as per It act.

 

Originally posted by : Sirisha

Yes such interest will be taxable in hands of nominee, it may or may not be a wife..

I too agree with sirisha

interest which accrue after the death of the spouse will be taxed in the hands of nominee....

YA AGREE WITH ALL

 

correctly said

Our company have 20 Acres land, we have to give works contract to vendor for land filling what are the taxes applicable? In regular scheme and composition schmes

Pl help me

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