Taxation For RD

Dear sir, My client received RD 3 lakh rupees so RD is taxable or exempted.
Replies (3)
Quick Summary
This discussion clarifies the tax implications of Recurring Deposits (RDs). It addresses whether the principal amount of an RD is taxable or exempt. The key takeaway is that only the interest earned on an RD is subject to taxation, not the initial deposit itself. TDS (Tax Deducted at Source) is typically applied to the interest portion upon maturity.

Rd means recurring deposit ?
After maturity
tds cut from the time of doing rd
Only Intetest portion is taxable

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details