2 Replies
ayusmita
(Tax consultant)
(5890 Points)
Replied 17 December 2020
Amount invested is exempted and shown in 80c for the same year it is invested and the interest received at the time of maturity is taxable under income from other sources
JATINDER KUMAR
(Accountant)
(3662 Points)
Replied 17 December 2020
Interest received at a time of maturity is fully taxable if Interest income not booked on accrual basis
Recent Topics
- Tds on future & options for NRI
- About c form iquery
- Crypto Tax & Withdrawal Advice for Indian Resi
- Appointment new secretary in Trust
- How to prepare for CA Final IBS?
- Gst rate on hollow blocks
- GST registration for export of service for softwar
- Extension of DOF of ITR for assessees who are not
- ITR 1, JSON ISSUE
- Property sold by mother can we buy jointly now
Related Threads
Trending Online Classes
-
Live Course on EPF & ESI Act - Mastercourse(With Govt Certificate)
Mr.Balamurugan Ranganathan16 June 2025
CAclubindia
