POSTED BY April 10, 2014 11:41 am COMMENTS (4)ON
I am a salaried employee and the only other income I have is interest from FD/RD. For a case where your tax liability on interest income from FD/RD is less than Rs. 10000, then I have a following queries:-
1) You have to pay advance tax or self assessment tax on the interest income?
2) If you pay taxes after March 31st of the financial year , do you have to pay the interest as well for delay.