Income Tax on Maturity of Recurring Fixed Deposit

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  1. shah jigar

    shah jigar New Member

    Sir,
    I opened my RD A/c for 3 year in nationalised bank. This year my RD A/c. mature.
    MAturity Amount to be saw in my return ?

    Pl.answer as early as possible
     
  2. Parul_Gupta

    Parul_Gupta Active Member

    The Interest earned on Recurring Account every year is required to be disclosed as income of that year itself.
     
  3. shah jigar

    shah jigar New Member

    Period of My RD A/C. is 3 Yr. This is last Year. I do not disclosed it in Return. now, how I disclose the Interest.
    Pl.guide
     
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