Check sibling questions

Saving Interest.png



Introducing your new favourite teacher - Teachoo Black, at only ₹83 per month


Treatment of FD Interest Particular Case 1 Case 2 Person earns FD Interest Income from Salary Income from Other Sources Gross Total Income Deduction under Chapter VIA Less Section 80TTA Net Total Income Note: Interest on FD is Income from Other Sources No Deduction under Section 80TTA for FD Interest 9000 600000 9000 609000 0 609000 90000 600000 90000 690000 0 690000

CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling

Made by

CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 12 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.