Filing interest earned with Income Tax

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....iling interest earned with Income Tax<br> Query (Issue) Started By: - Darin New Dated:- 26-7-2018 Last Reply Date:- 26-7-2018 Income Tax<br>Got 1 Reply<br>Income Tax<br>Hi, I have an ICICI savings ba....

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....nk account and earned an interest of &#8377; 153759.00 for FY 2017-2018. When I used ClearTax and input the interest amount, it says Tax due amount is &#8377; 48000.00. Is this plausible? Also, I hav....

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....e a Recurring Deposit. Do I need to declare the interest earned for RD as well while tax filing since RD interest have TDS? Thanks, Darin Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: IN respect ....

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....of interest on savings bank account exemption is only for &#8377; 10,000/-, Therefore interest is payable for the balance interest amount. In respect of RD interest bank may deduct TDS on interest on....

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.... accrual basis. If it is deducted in such a way you have to declare the interest on RD and pay the balance amount of tax.<br> Discussion Forum - Knowledge Sharing ....