TMI BlogDue date of tax liability on interest income from bankX X X X Extracts X X X X X X X X Extracts X X X X ..... We earn quarterly interest on our money kept in bank (Savings account)What should be the due date of paying tax on this interest income ideally. - Reply By Mukesh Kumar - The Reply = Due date of pay ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ment of tax is the date of furnishing the return of income as per the status of the assessee. However, if the income tax payable on such income is Rs. 5000/- or more, the normal provisions of advance ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tax would also be applicable. See Section 207 to Section 218 of the Income Tax Act, 1961 . - Due date of tax liability on interest income from bank - Query Started By: - Rahul Bagaria Dated:- 1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 7-6-2009 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanage ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mentindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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