DEDUCTION...

93 views 2 replies

study

52 Points Joined August 2016

Intrest on post office deposit or intrest on deposit can be allowed as deduction?

Replies (2)

Accountant

3662 Points Joined May 2018

No....

Interest is taxable

Deduction allowed to only senior citizen upto 50000

Tax consultant

5895 Points Joined September 2020

Which deposit and interest can you clearly say
if it is for tax saving scheme deposit n interest they are tax free both sides principal n interest

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