Dear All,
Whether PRINCIPAL & Interest on Tax Saver FD at the time of maturity is taxable?
Thanks in advance.
Baskar
Dear All,
Whether PRINCIPAL & Interest on Tax Saver FD at the time of maturity is taxable?
Thanks in advance.
Baskar
Principal is not taxable. Interest is taxable.
Dear Baskar......Principal Amount won't be taxable at the time of maturity....but interest is taxable on accrual basis every year....
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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