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Tax benefit

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20 December 2013 Is there any tax benefit on Inflation Index National Saving Security (IINSS-C) Please suggest
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
20 December 2013 Dear Priya,

I believe as on today there is no tax benefit on IINSS-C. There are some conflicting views regarding treatment as capital gains or interest income. Most probably it should be taxable as interest income.

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