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Interest on Deposit under "Capital Gain Deposit Scheem"

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(Querist)
02 August 2010 Treatment of Interst received on deposit under Capital deposit scheem.
whether it is exempt ot taxeable under the head "Income from Other Sources"?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
02 August 2010 Taxable under Income from other sources
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CA. BIJENDER KR. BANSAL

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CA. BIJENDER KR. BANSAL (Expert)
02 August 2010 AGREED, IT WILL BE TAXABLE UNDER INCOME FROM OTHER SOURCES.
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Sikander Singh

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Sikander Singh (Querist)
02 August 2010 thx...
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Murtaza I Bhagat

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Murtaza I Bhagat (Expert)
02 August 2010 agreed

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