IT challan nos. & head for online incometax payment

Share This Thread
  1. surendra kumar

    surendra kumar New Member

    I want to pay online income tax on Bank's fixed deposit interest income as bank deduct TDS only 10%.
    Now my query is :-
    1- Is there any exemptipn limit on fixed deposit interest income?
    2- On what challan nos. & head I can pay income tax online on FD's interest income ?
  2. Karan Batra

    Karan Batra Well-Known Member

    1. There is no specific exemption on interest earned on fixed deposits and tax would be levied as per the income tax slab rates on the total annual income.

    2. Tax can be paid on such income through Challan No./ITNS 280
Draft saved Draft deleted
Similar Threads Forum Date
Outstanding tax demand challan copy not available Income Tax Mar 3, 2017
TDS on Property using 1 Challan or 2 Challans? Income Tax Sep 21, 2016
multiple challans Income Tax Sep 12, 2016
Unable to download Form 16A - Challan details mismatch Income Tax Aug 29, 2016
Rectification of challan 280 Income Tax Jun 27, 2016