banner_ad

Treatment of MIS(monthly income scheme)

434 views 5 replies
User Avatar

self
289 Points Posted on 31 August 2019
Sir , what will the the treatment of mis on the maturity time. How i have to report the mis on maturity in my itr
1 Reply Share Follow
On 31 August 2019 at 22:13 Report
Replies (5)
User Avatar

525 Points Posted on 31 August 2019
since interest income already considered in accurual Time.

so corpus is not taxable at the time of maturity
2 Reply
On 31 August 2019 at 22:37
User Avatar

self
289 Points Posted on 31 August 2019
but how i show that amt in itr which i get at last .
1 Reply
On 31 August 2019 at 22:44
User Avatar

525 Points Posted on 31 August 2019
In exempt income schedule others m maturity of MIS
2 Reply
On 31 August 2019 at 22:45
User Avatar

self
289 Points Posted on 31 August 2019
on which column of expemt i have to put that amt.because ther are 3 -4 or more option to feed the amt in correct column
1 Reply
On 31 August 2019 at 22:50
User Avatar

17264 Points Posted on 31 August 2019
On maturity of MIS you are getting your money back from Post Office.

Where is the question of income or exempt income !!!

You have have not to report anywhere in the ITR
101 Reply
On 31 August 2019 at 23:33


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details