Site icon Jagoinvestor

Advance tax on FD income

Hi

I fall in 20% tax bracket. I am salaried and TDS is deducted by my employer.

I also have income of around 1.5 lac from FD. Banks deduct TDS @ 10%.

I also have some income from NCDs where there is no TDS.

What is the last date by which I have to pay the remaining tax on FD so as to avoid interest penalty u/s 234 (a)(b)(c) by IT deptt.

Thanks in advance.

Ramprakash

Exit mobile version