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TAX LIABILITY OF 5 YEAR TIME DIPOSIT IN POST OFFICE
POST OFFICE TIME DIPOSIT FOR 5 YEAR IS TAX SAVING INSTRUMENT AND MATURITY AMOUNT RECEIVABLE AFTER 5 YEAR WITH COMPOUND INTEREST IS IT POSSIBLE TO SHOW INTEREST EVERY YEAR IN ITR TO REDUCE TAX LIABILITY IN THE END LIKE NSC.
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Yes... Ask the interest details to P.O. on accrual basis.
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