INTEREST ON CAPITAL GAIN ACCOUNT SCHEME

DEAR FRIENDS

INTEREST RECEIVED ON CAPITAL GAIN ACCCOUNT SCHEME IS ALSO USED FOR PURCHASING NEW PROPERTY IS SUCH INTEREST IS EXEMPT GIVE ME AN URGENT ANSWER

Replies (1)

No the interest received is taxable under the head Income from Other Sources.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register