80c post office rd

Tax queries 664 views 1 replies

Is post office RD will eligible for deduction under 80C....?

Replies (1)

For Post office RD A/c , MIS A/c , Time deposit other then 5 Years  :-

Treatment of original investment  :   No deduction

Treatment of regular income accrued/received before maturity :   Taxable

Treatment of Amount received on Maturity  :   Not Taxable 


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