Income tax

investment in RD account in scheduled bank having exemption in income tax
Replies (2)
Originally posted by : swapna
investment in RD account in scheduled bank having exemption in income tax

What is ur question ??????

Dear Sawpna 

Income earned from RD a/c exempted from income tax but the treatments of interest you have to shown as Nsc . first of all you ha ve to add in other income and deduct from the gross income as deduction under chapter VI

 

 

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