New Delhi: Do you Svidhi deposit account in the bank fixed deposit (FD) account are going to open? Popular among Indians about this investment option tell you that there are some rules that may connect you may not know. These are very important, especially in a situation when you want to know the interest income from the tax qualification. Here's how:
Click Here To Read Full Details In Hindi
1. If your fixed deposit interest earned in a fiscal year is more than Rs 10 to 10 per cent, according to the TDS cancel, then. Even if you have the PAN (Permanent Account Number) are not Provide, at the rate of 20 per cent tax can be cut.
2 But, tell you that if any one or more branches of a bank opened Recurring Deposit (recurring deposit account) or gross income from deposits in any one financial year has exceeded 10 thousand on that TDS cancel,.
3. Even if the bank deducted TDS while filing your income tax returns will have to mention it. ITR file even if TDS is not deducted from the bank when it is mentioned to be considered in their income. Interest income (interest income) is determined by the fact that the tax on which tax bracket you fall into. Well, at the rate of 10 per cent tax cut bank, but if you are in the highest tax bracket when you file your return would give more tax.
But it will have to submit a Form 15G or 15H. But if for some reason you have not submitted the form, you will get a refund for the return of this money to be filled.
5- relief the savings account (savings account) No TDS on interest income in the case of intensification. However, in the interest of one year's gross revenues in excess of Rs 10 tax on it will become.
Click Here To Read Full Details In Hindi
Click Here To Read Full Details In Hindi
1. If your fixed deposit interest earned in a fiscal year is more than Rs 10 to 10 per cent, according to the TDS cancel, then. Even if you have the PAN (Permanent Account Number) are not Provide, at the rate of 20 per cent tax can be cut.
2 But, tell you that if any one or more branches of a bank opened Recurring Deposit (recurring deposit account) or gross income from deposits in any one financial year has exceeded 10 thousand on that TDS cancel,.
3. Even if the bank deducted TDS while filing your income tax returns will have to mention it. ITR file even if TDS is not deducted from the bank when it is mentioned to be considered in their income. Interest income (interest income) is determined by the fact that the tax on which tax bracket you fall into. Well, at the rate of 10 per cent tax cut bank, but if you are in the highest tax bracket when you file your return would give more tax.
But it will have to submit a Form 15G or 15H. But if for some reason you have not submitted the form, you will get a refund for the return of this money to be filled.
5- relief the savings account (savings account) No TDS on interest income in the case of intensification. However, in the interest of one year's gross revenues in excess of Rs 10 tax on it will become.
Click Here To Read Full Details In Hindi