As per Income Tax Act 1961, interest on an FD will be considered as income from other sources and thus it is fully taxable. I had the same doubt and on visiting my Yes Bank branch, I learned about it.
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If I make FD for one year and choose interest credit monthly then is TDS applicable?
rahul
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2 Year
2023-06-09T09:08:07+00:00 2023-06-09T09:12:59+00:00Comment
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