Hello Everyone,
Is the amount received on maturity of post office savings deposit taxable?
Thankyou in advance
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 22 September 2016
Not the Principal amount; but interest is taxable on accrual basis.
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"