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21 July 2010 NSS ACCURED INTEREST IS TAXABLE OR NOT ? PLEASE HELP
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CA. Anoop Gadia

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CA. Anoop Gadia (Expert)
21 July 2010 it is taxable
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srinath

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srinath (Expert)
21 July 2010 it depends of the assessee's choice.. u/s 145 assessee may follow either cash or merchantile system of accounting regularly employed by the assessee for income from other sources

if he follows cash basis, then he need not offer for tax
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