TaxTMI 
TaxTMI 
SIR
I WANT TO KNOW WHETHER INTEREST ON FIXED DEPOSIT FROM BANK IS TAXABLE OR NOT.
TDS ON FIXED DEPOSIT WITH
26 Aug 2015 
1 Reply 
1718 Views Asked by
Interest on fixed deposits taxable; submit the prescribed declaration form to the bank to address tax deduction at source.
Interest on bank fixed deposits is taxable and subject to withholding; the depositor must submit the prescribed declaration form to the bank to address deduction at source or declare entitlement to non-deduction. (AI Summary)
Interest on bank fixed deposits is taxable and subject to withholding; the depositor must submit the prescribed declaration form to the bank to address deduction at source or declare entitlement to non-deduction. (AI Summary)
