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Post office rd a/c

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 July 2014 Sir, I want to ask that Post office Rd A/c Interest is Taxable or Exempt

If Taxable than If in Last 4 year Interest is not calculated in income and at the time of Maturity during f.y whole interst will be calculated or only differece interst during f.y
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Deepti Asawa

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Deepti Asawa (Expert)
16 July 2014 YES, IT IS TAXABLE...if in last year not caclulated then whole interest amount taxable in maturity.
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