29 June 2018
Dear Sir/Madam, Good morning, i need your help for the following query.
my wife had an sb-fpb scheme account in post office. 1. She had three f.d a/c in the post office regularly which the interest of Rs.712/- from each a/c is credited to post office sb a/c separately. 2. Now, the three f.d a/c has been closed as follows. a) On 24.07.17 closure amt of Rs.100500 credited to post office sb a/c. b) On 31.08.17 closure amt of Rs.100500 credited to post office sb a/c. c) On 22.02.18 closure amt of Rs.100500 credited to post office sb a/c. Now, how to show above mentioned a/c in IT returns for the fy 2017-18. Whether it is tax saver or not. Please help me. Thanking you,
CAclubindia
