Hi Friedns
Before 7 years i had invested in pan card clubs ltd. Rs 24950/- & the has been matured in last year (i.e 2011-12) recd Rs 49300/- . My query is regarding the amount i recd on maturity it is taxable?
Awaiting for your reply
Regards
Chetan
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Fixed deposit with pan card club ltd.
Replies (2)
Please reply anybody???
dear chetan,
the maturity amount is fully taxable. there is no any exemption available to you .
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