POSTED BY March 28, 2013 12:52 pm COMMENTS (3)ON
My Fixed deposits are maturing in the next FY 2013-14 creted in FY 2012-13, Should I have to pay tax in lieu of the interest gained through FD in the FY 2012-13 or at maturity i.e FY 13-14?
One more question : If my bank did not deduct TDS at maturity, The total interest eared in a financial year minus 10k should be considered for paying tax?? and what will come under the heading ‘Income from other sources’ in that case.
Ex: I got 30k as interest including savings account in FY 2012-13, What should be mentioned under “Income from other sources:?