Tax & ComplianceLiveMint — Money
Bank FD interest after a parent’s death: Who must pay tax on the income? Cases and scenarios explained
11 Oct 2026 · 3d agoSource: LiveMint — Money
Who pays tax on bank FD interest after a parent’s death? Understand income tax rules for inherited fixed deposits, interest earned before and after death, legal heirs’ responsibilities and filing the deceased parent’s income tax return to avoid reporting errors.
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