What will be the fixed deposit amount?

Stat Audit 680 views 2 replies
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SA
24 Points Joined July 2012

i am fighting a legal battle with my wife and she has filed in her IT returns an amount of Rs. 1,46,250/- as intrest amount from her fixed deposits.

my question::

what will be the fixed deposit amount(approx) on which she is getting this big amount yearly?

 

thanks

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On 14 August 2012 at 12:10 Report
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Future CA
623 Points Joined December 2008
Simply, Amout of interest/interest rate%. Now you have to know that what will be the period of fd, since interest rate depends on it. On an average 8.5% may be assumed.
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On 15 August 2012 at 09:11
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Article Assistant
206 Points Joined August 2012

Dear Chasingdv,

At normal rates the interest rate is around 8.5 to 9 % so calculating it from 8.5 % the Fixed Deposit amount may be approx Rs 17 lacs.

 

Thanks & Regards

Amber Jain

 

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On 18 August 2012 at 17:52


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