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Interest earn on SSC is STG or LTG
Many Senior Citizen Put their money in Senior Citizen Saving Scheme On 1st year interest earn is short term Capital Gain but in 2nd year ( fter completion of one year) It is consider as LTG ? or STG
Replies (2)
Quick Summary
Interest earned on SCSS is not taxable under the capital Gain head, therefore, question of LTG/STG does not arise.
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