Post office sb account
This query is : Resolved
29 June 2018
Dear Sir/Madam,
Good morning,
i need your help for the following query.
my wife had an sb-fpb scheme account in post office.
1. She had three f.d a/c in the post office regularly which the interest of Rs.712/- from each a/c is credited to post office sb a/c separately.
2. Now, the three f.d a/c has been closed as follows.
a) On 24.07.17 closure amt of Rs.100500 credited to post office sb a/c.
b) On 31.08.17 closure amt of Rs.100500 credited to post office sb a/c.
c) On 22.02.18 closure amt of Rs.100500 credited to post office sb a/c.
Now, how to show above mentioned a/c in IT returns for the fy 2017-18. Whether it is tax saver or not.
Please help me.
Thanking you,
Good morning,
i need your help for the following query.
my wife had an sb-fpb scheme account in post office.
1. She had three f.d a/c in the post office regularly which the interest of Rs.712/- from each a/c is credited to post office sb a/c separately.
2. Now, the three f.d a/c has been closed as follows.
a) On 24.07.17 closure amt of Rs.100500 credited to post office sb a/c.
b) On 31.08.17 closure amt of Rs.100500 credited to post office sb a/c.
c) On 22.02.18 closure amt of Rs.100500 credited to post office sb a/c.
Now, how to show above mentioned a/c in IT returns for the fy 2017-18. Whether it is tax saver or not.
Please help me.
Thanking you,
29 June 2018
Interest on P.O fixed deposit is taxable.
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