taxability of NSC on maturity

This query is : Resolved 

17 June 2009 are NSC taxable on maturity after 5 years?

17 June 2009 Principal,on maturity,is tax free and interest is taxable either yearly or at the time of maturity.

17 June 2009 agree with the expert


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Follow us
OR add as source on Google news


Answer Query