https://www.taxtmi.com/forum/issue?id=114060 A query asked whether fixed deposit interest is taxed separately and whether it may not be set off against current or prior year losses. Both expert replies state that interest will not be taxed separately; no further guidance on set off mechanics is provided. en-us Tue, 21 Aug 2018 09:32:41 +0530 Thu, 23 Jan 2025 15:55:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=114060 A query asked whether fixed deposit interest is taxed separately and whether it may not be set off against current or prior year losses. Both expert replies state that interest will not be taxed separately; no further guidance on set off mechanics is provided. Discussion-Forum Income Tax Tue, 21 Aug 2018 09:32:41 +0530 https://www.taxtmi.com/forum/issue?id=114060