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i have three saving account in icici

bank a'bad

1 is my son(minor account) account n rd is15000 p.m on 9%intrest rate for390 days

2 is my wife account her Rd is10000 pm on 9% for390days

3 is mine n RD is8000 pm on 9% for 390 days

 

so my question is

above all RDs intrest is texable or not sir???
asked in Taxes by (130 points)

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1 Answer

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The interest earned from RD, irrespective of gender and amount, is taxable. So, show these figures in your ITR.

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answered by (48.8k points)

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