How much part of interest I need to include as taxable in current FY 23-24?

[Pahulpreet Kaur]

i had done a RD in my savings account for Rs 1000/month at 6.5 %p.a. after two years i got 25685 so i earned an interest of 1685 this RD matured on 7th June 2023 so do i need to show this whole 1685 as my income from this RD for financial year 2023-24 or a part of it? If a part of it then how should i calculate it?

 

[17ysaurabh]

The whole interest amount of Rs. 1685 would be taxable.
So, yes. You would need to declare the whole interest amount as income from other sources.

 

[Pahulpreet Kaur]

Thanks for the confirmation