Receipts on post office mis
This query is : Resolved
10 March 2017
Capital Receipt over and above investment in Post Office MIS is exempt or taxable? If exempt then under which section?
10 March 2017
monthly interest on MIS is taxable under income from other sources and bonus received if any on maturity of POMIS is also taxable under the head income from other sources.
24 March 2017
Thanks for the reply sir
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