according to me principal can be claimed as exemption in the year of deposit and interest received or accrued shall be taxable under Income from other sources.
Menu
Exempt Income or Not ??
there are so many reply, which confuse us more. Please tell me the final one.
Interest Received from Post- Office Recurring Deposit - 5 Years Plan is fully taxable under the head " Income from other source"
Recent Topics :
- GSTR 9 LATE FEE
- Best Online Mock Test Series for CA Inter January
- COST OF IMPROVEMENT
- Pillows and Mattresses
- GST Applicability for Reg. / Un-Reg. Indian custom
- Amended GST Act & Rules
- FAST DS 2026 MAIL QUERY
- Does Anyone need CA Foundation books of May2026 at
- Last day for ITR-U for AY 2023-2024 (FY 2022-2023)
- Sale of shares in indian company by a non resident
Related Topics :
CAclubindia
