Income tax
swapna (accounts officer) (33 Points)
09 January 2014
investment in RD account in scheduled bank having exemption in income tax
Shyam C.Pujara
(Student (C.A Final))
(177 Points)
Replied 09 January 2014
| Originally posted by : swapna | ||
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investment in RD account in scheduled bank having exemption in income tax |  |
What is ur question ??????
veeru sagar
(BBE,M.com,CA Final )
(468 Points)
Replied 11 January 2014
Dear Sawpna
Income earned from RD a/c exempted from income tax but the treatments of interest you have to shown as Nsc . first of all you ha ve to add in other income and deduct from the gross income as deduction under chapter VI
CAclubindia
