Fixed Deposit interest income

  • Income Tax

Interest income on FDRS of surplus funds held as business income not income from other sources

Interest income on fixed deposits of the surplus funds put in FDRs cannot be treated as business income but income…

1 month ago
  • RBI

Non renewed Fixed Deposits to attract less interest – RBI Directions

Non renewed Fixed Deposits to attract less interest - RBI Directions RBI has revised its Instruction with respect to where…

3 years ago
  • Income Tax

Deduction against FDR interest allowed for interest paid on unsecured loans taken to make investment

Interest on FDRs-deduction of Interest paid on unsecured loans taken to make investment in bank FDRs allowed u/s 57(iii) in…

5 years ago
  • Income Tax

Interest on fixed deposits during construction period held not taxable as FDRs were not made out of borrowed fund

Interest on fixed deposits during construction period held not taxable as FDRs were made out of share application money and…

7 years ago
  • Income Tax

Fixed Deposit interest income during pre-operative period taxable as income from other sources – ITAT

Fixed Deposit interest income during pre-operative period taxable as income from other sources and can not be set off against…

7 years ago