Post office rd a/c
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 July 2014
Sir, I want to ask that Post office Rd A/c Interest is Taxable or Exempt
If Taxable than If in Last 4 year Interest is not calculated in income and at the time of Maturity during f.y whole interst will be calculated or only differece interst during f.y
If Taxable than If in Last 4 year Interest is not calculated in income and at the time of Maturity during f.y whole interst will be calculated or only differece interst during f.y
16 July 2014
YES, IT IS TAXABLE...if in last year not caclulated then whole interest amount taxable in maturity.
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