Comment on Tax loss harvesting

Gaur_Krishna commented on 02 Apr 2017, 04:07 PM

Yes Sir.
One more query,I am confused.Are we paying a double tax on FD’s?
Example-My income from trading is 4.48Lakhs+1lakh FD income=5.58Lakhs
Here we are paying Income tax on above income after 80C deduction.

But we are paying TDS on FD interest too.
So 1st part we paid TDS
2nd part when this FD income added with main trading income,we are paying tax there too.

Am I right Sir?

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