Interest on Deposit under "Capital Gain Deposit Scheem"
This query is : Resolved
Sikander Singh
(Querist)
02 August 2010
Treatment of Interst received on deposit under Capital deposit scheem.
whether it is exempt ot taxeable under the head "Income from Other Sources"?
whether it is exempt ot taxeable under the head "Income from Other Sources"?
CMA Ramesh Krishnan
(Expert)
02 August 2010
Taxable under Income from other sources
02 August 2010
AGREED, IT WILL BE TAXABLE UNDER INCOME FROM OTHER SOURCES.
Sikander Singh
(Querist)
02 August 2010
thx...
Murtaza I Bhagat
(Expert)
02 August 2010
agreed
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