Is bonus received on maturity or withdrawal of Monthly Income Scheme (MIS) taxable???
Is bonus received on maturity or withdrawal of Monthly Income Scheme (MIS) taxable???
Yes it is taxable under the head " INCOME FROM OTHER SOURCES" as Bonus received on maturity of post office Monthly Income Scheme.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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