Nsc interest taxable ?
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 July 2014
Hi
Can you please let me know the tax treatment for NSC cumulative interest ?
Can you please let me know the tax treatment for NSC cumulative interest ?
11 July 2014
taxable as income from other sources.
Message likes :
1 times
Rupesh Jain
(Expert)
11 July 2014
it is taxable in every year under income from other source, and reinvest u.s 80C.
but for maturity year it is taxable under income from other sources.
but for maturity year it is taxable under income from other sources.
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