Nss maturity
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 July 2014
IS NSS maturity after death of assessee received by legal heir taxable or not ? let me know.
17 July 2014
the ans is no its not taxable.....................
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 July 2014
hii,
can you tell me Under which section it is not taxable
can you tell me Under which section it is not taxable
17 July 2014
since u have invested and got dedcution u/s 80C so it was capital amount ionvested and rec backed.
17 July 2014
Tax free.
Citation:- CBDT Circular No. 532 dated March 17, 1989 reported in (1989) 176 ITR (St) 327.
Citation:- CBDT Circular No. 532 dated March 17, 1989 reported in (1989) 176 ITR (St) 327.
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