Income on maturity of post office saving deposits

Tax queries 638 views 2 replies

please help me out

Sum received after maturity of post office saving deposits is taxable or exempt   ?

 

Replies (2)

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 

Thanks Khushbu, your link  cleared my doubt

 


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