Interest on nsc
This query is : Resolved
21 January 2016
Dear Sir,
An assesse had purchased a NSC on 14.06.2010 and it will mature on 14.06.2016. Please tell for which year interest will be accrued (i.e. 4th year or 5th year) as he is filling the Return for F.Y. 2014-15.
Please help me in the matter stated above.
Thanks,
Abhishek Roy Choudhury.
An assesse had purchased a NSC on 14.06.2010 and it will mature on 14.06.2016. Please tell for which year interest will be accrued (i.e. 4th year or 5th year) as he is filling the Return for F.Y. 2014-15.
Please help me in the matter stated above.
Thanks,
Abhishek Roy Choudhury.
21 January 2016
interest will accrue every year and not on lump sump basis.
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