please help me out
Sum received after maturity of post office saving deposits is taxable or exempt ?
2 Replies
Khushbu Jaiswal
(CA Finalist)
(528 Points)
Replied 12 April 2013
Yes It is taxable under the head "Income from Other Sources"
For details plz refer link: /experts/post-office-mis-maturity-bonus-taxability-422755.asp#.UWfljqJyCxA
aqib ghumra
(searching)
(68 Points)
Replied 12 April 2013
Thanks Khushbu, your link cleared my doubt
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