ITR clarification

akila mahesh

11 years ago

Hi,

We have 5 years FD, should we pay tax at the end of the tenure for the income earned from the FD ?

or shud v pay tax yearly as the bank issues form16AS as the FD is cumulative.

Also if we are to declare losses in MFs which ITR should v use?

Pls. Acknowledge.

Thanks,

Akila.