Taxation question on FDR interest

POSTED BY dinesh ON January 29, 2014 8:56 am COMMENTS (2)

My FDR interest income is about 15000 what amount I show in Income 15000 or 5000? as  Rs 10000/- interest given rebate or not TDS deduct on this amount.

2 replies on this article “Taxation question on FDR interest”

  1. dinesh says:

    Thanks Ashal Ji

  2. ashalanshu says:

    Dear Dinesh, full 15000 Rs. FD interest is taxable. No TDS does not mean that interest is tax free. 🙂

    Thanks

    Ashal

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