Taxability

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Fd is redeemed and at the time of redemption we get interest on the same Fd. so this interest is taxable or not.
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Originally posted by : lokesh agrawal
Fd is redeemed and at the time of redemption we get interest on the same Fd. so this interest is taxable or not.

Yes... It's taxable.

Only interest is taxable ya Maturity amount is also taxable.
and i have paid tax of amount 98 of maturity redemption tax. then can i claim the same amount as tds deducted on the fd


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