FD interest above Rs 10k, but overall income less than 1.5 lacs – Do we still need to pay income tax ?

POSTED BY sureshsatya ON July 5, 2014 1:40 pm COMMENTS (2)

hi,

My wife is a homemaker and if she earns interest of more than 10,000  in a year from from FD’s, would she ever need to file tax returns even if her salary is less than 2,00000 tax band.?

Regards,

Satya

2 replies on this article “FD interest above Rs 10k, but overall income less than 1.5 lacs – Do we still need to pay income tax ?”

  1. sureshsatya says:

    No. TDS is not deducted at bank

  2. Hemanth Chandra says:

    Is an TDS deducted at bank

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