All About FD [Fixed Deposit] || Masterclass of FD || Income Tax and Fixed Deposit Rules

[@rekharamteke8814]

सर आपने बहुत ही अच्छी जानकारी दी है धन्यवाद जी

[@CASumitSharma]

Thank you 🙏

[@navjotsandhu074]

Great Information

[@CASumitSharma]

Thank you 😊

[@madansharma3310]

Very nicely explained ❤

[@CASumitSharma]

Thank you 😊

[@understandthewordsfeelthes3036]

Thanks for sharing helpful information

[@CASumitSharma]

Glad it was helpful!

[@anjlimehta9188]

VERY HELPFUL VIDEO SIR JI THANK YOU

[@CASumitSharma]

Thank you

[@jarahatke709]

Very good and detailed information.

[@CASumitSharma]

Glad it was helpful!

[@SurinderKumarGaur]

CA Sumit Sharma Ji - Shandaar Presentation. Happy Deepawali. Regards, S.K.Gaur, New Delhi 29-10-24.

[@CASumitSharma]

Thank you Gaur saab Happy diwali 🪔🎇

[@rameshbhaithakor9823]

Bahut badiya jankari ke liye dhanyawaad

[@CASumitSharma]

Thank you

[@D_Singh1313]

Bahut vadhiya jankari ji

[@CASumitSharma]

Thank you ji

[@IamroshanRajbhar-tj5pr]

Thank you sir ❤❤❤❤❤

[@CASumitSharma]

Most welcome

[@inderjeet388]

Good

[@CASumitSharma]

Thanks

[@swatimalhotra3493]

Good information ℹ️

[@CASumitSharma]

Thank you

[@jarahatke709]

Investment made in a senior citizen savings scheme through a bank is considered as FD?

[@CASumitSharma]

Yes, investments in the Senior Citizens' Savings Scheme (SCSS) can be reportable under the Statement of Financial Transactions (SFT) to the Income Tax Department if they meet specific thresholds. According to tax regulations, financial institutions are required to report certain transactions that cross particular limits to ensure transparency and track high-value financial activities. For SCSS, if a person’s cumulative deposits cross ₹10 lakh in a financial year, the institution handling the SCSS investment must report this under SFT. This reporting requirement is designed to help the tax authorities monitor high-value transactions and ensure compliance.

[@jarahatke709]

@CASumitSharma Thanks for your valuable reply.I have asked many accounting professionals but no body gives a detailed and proper reply.Apprecited for your knowledge and revert.Many many Thanks.

[@sumandutta3966]

Sir, itr may fd ka sath ppf sa mila interest v dakhana paraga kaya?15g form may (ppf) dikhana paraga kaya?

[@CASumitSharma]

Tax free income No need to show

[@Vicky02003]

Sir IMS par video bnao our effect btao GST 2B hoga ya GST 3B

[@CASumitSharma]

Will try

[@pankaj11421]

Sir yadi 5 lakh ki amount ka ITR mein interest show kar de to in future mein kya income tax kabhi bhi 5 lakh ka source nahin puchega ki yah rs 5 lakh rupaye Kahan se aaye aur yadi FD ki amount aur adhik badhati hai to please reply

[@CASumitSharma]

Usually no

[@LalitKumar-mw4qt]

Sir mene 5 lakh ki and 1 lakh ki total 6 lakh ki fd axis Bank me ki thi June 2024 me 1 month ke baad July me 5 lakh and 1 lakh wali fd total 6 lakh ki fd break karke 8 lakh and 1.5 lakh ki fd wapas se online ki jo abhi present me chalu hai total 15.5 lakh ki fd ho gyi axis Bank me and 1 lakh ki fd HDFC Bank me ki hai July 2024 me wo mene break kardi August months me total 16.5 lakh ki fd current financial year 2024-25 me ho gayi hai me next year itr me fd ka total interest itr me show karta hu and last three itr me apni income 4.5 lakh per year ke hisab se show ki hai future me koi notice aa skta hai plz guide

[@CASumitSharma]

No problem If ITR filed accordingly

[@KartickDas-z7g]

Post office kvpme3lacs,nscme4lacs,term deposit me6lacs invest Kiya to ye sft me report hoga?kindly tell.

[@CASumitSharma]

No

[@KartickDas-z7g]

Agar NSC me999000 invest Kiya toh sft me report hoga?please tell.

[@CASumitSharma]

No

[@souvikkanjilal4030]

Father death ke bad FD premature ho ke son ka SB A/c me aya hay. (Principal+interest) iss situation me son ka income kon sa consider keya jay ga, FD ka principal ya interest amount. .??

[@CASumitSharma]

Nahi

[@souvikkanjilal4030]

@@CASumitSharma plz. thoda detail me bataya income kon sa mana jayga...! FD ka principal amount ya interest amount....Plz. Sir....

[@manpreetsingh-r2b9m]

Betting sai ja casino sai kamya hoya paisa india mai legal hai

[@CASumitSharma]

Yes if taxes paid

[@mpjoshi5182]

सुमित जी मेरे पास मानाकि 20 लाख रुपए हैं मुझे सीनियर सिटीजन के लिए इन्वेस्ट करना है तो मुझे SCSS योजना मे या फिर FD में इन्वेस्ट करना चाहिए। क्या मुझे वह अमाउंट अलग-अलग बैंक में करना चाहिए डिवाइड करके FD/SCSS स्कीम में या......यह एक ही बैंक में करना चाहिए, केसे मै ज्यादा इनकम कर सकता हूं। बिना टैक्स देकर।

[@CASumitSharma]

Dono me kr sakte hai

[@mpjoshi5182]

@CASumitSharma thanks for reply.......best return kis mein melega dono mein se SCSS ya FD

[@2015-h2y]

Sir ji OCTOBER gross earning 64890 rs income tax deduction 1722 Rs SEPTEMBER 68757 rs ITD 1822 August 71057 ITD 1934 May 70600 ITD 2322 rs Meri monthly salary se income tax deduction kyo ho raha hai last year meri package 4L thi abhi taxable amount 7.4L है

[@CASumitSharma]

You can take refund after filing ITR after year end