nsc proceed taxability
It Return (22 Points)
03 August 2018
NSC withdraw on mature date are taxable or not
5 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(195722 Points)
Replied 03 August 2018
Only Interest received in the last FY is taxable; not full proceeds.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(195722 Points)
Replied 04 August 2018
Interest amount taxable under 'Income from other sources'
Capital invested cannot be taxable on redemption.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(195722 Points)
Replied 04 August 2018
Not mandatory, when interest offered to tax.
Recent Topics
- Type of Account Error in ITR2
- LTCG on Foreign RSU Stock sale
- Secure VPN Solution for Freelancers Working with I
- Amount withdrawn from capital gain account scheme
- TDS RETURN REJECTED with Reason Line no 2 –
- Issue in e_filing of IT return
- New India Coop Bank Frozen Account
- GST Registration for export of services under sec2
- Exemption Available or not under new tax regime
- Loss on F & O
Related Threads
Trending Online Classes
CAclubindia
