ITR filing 2026: FD interest is taxable - here's how to report it correctly
New Delhi, July 18 -- If you have earned interest from fixed deposits (FDs) during the financial year 2025-26, you are required to report it while filing your income tax return (ITR) which is due on July 31, 2026.
Since interest arising from fixed deposits is fully taxable and is reported to the income tax department by banks, failing to disclose it correctly can lead to tax notices or a mismatch in your ITR, causing a hassle.
Taxpayers can easily check the amount of FD interest earned during the financial year through their bank statements, Form 26AS, the Annual Information Statement (AIS) or the Taxpayer Information Statement (TIS).
Some of the documents mentioned above can easily be accessed via the income tax department's e-filing ...
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