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sukanya samridhi yojna

Hemant aggarwal (11 Points)

15 July 2019  
plzz any one tell me the treatment of interest in sukanya samridhi yojna,
Is the interest amount will include in income tax return or not
if it includes then under which head it will be mention
for example if I invest 148000 in sukanya samridhi and I earn the interest amount RS 10000 so how much amount I will be meintion in our income tax return because max. I got RS 150000 deduction in 80C so if I mention only 148000 I got the whole deduction but if I mentioned 158000, the excess 8000 will be taxable
so which is the best option in the above mentioned query
and plzzz if I have made any mistake rectify and correct....

 4 Replies

A B Kundu (Professional) (1417 Points)
Replied 15 July 2019

Interest is exempt from tax.

Hemant aggarwal (11 Points)
Replied 15 July 2019

so wheter I add this interest amount in my income tax return and if it's so under which head it should be mentioned

Aaaaa (G) (233 Points)
Replied 15 July 2019

It should be mentioned in exempted income column in Itr by mentioning as Interest from sukanya samridi yojna

Hemant aggarwal (11 Points)
Replied 15 July 2019

and one more thing I get only 150000 income as exempt if in which 145000 expend in investment and 6000 RS interest so how can I do this in this situation

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