30 November 2014
Sir A government employee received sahara india rd maturity amount 37000 by cheqe deposite in salary a/c. 1 this income is add in income of the year. This income is exempted in any rules of IT deparatmemt. what tax paid for this income.advance tax paid in salary deduction for this income. tds paid office by TREUSURY SYSTEM. PLEASE GIVE SUGGESTION
01 December 2014
No exemption are provided for the same.
You have pay Income Tax on that income, if after claiming the TDS less than tax liability
Querist :
Anonymous
Querist :
Anonymous
(Querist)
07 December 2014
DEAR SIR, IN A SAHARA INDIA RD MATURITY AMOUNT RECIEVED THE PRINCIPAL AMOUNT IS 30000 AND THE TOTAL INTEREST AMOUNT IS RECIEVED 7000. WHAT AMOUNT ADD IN FY 2014-15 INCOME.ONLY INTEREST AMOUNT OR BOTH PRINCIPAL AND INTEREST AMOUNT. WHEN THE RD MONTHLY PAID IN MY SALARY AMOUNT.