Fixed deposit with pan card club ltd.

chetan (accountant) (321 Points)

27 July 2012  

Hi Friedns

Before 7 years i had invested in pan card clubs ltd.  Rs 24950/- & the has been matured in last year (i.e 2011-12)  recd Rs 49300/- . My query is regarding the amount i recd on maturity it is taxable?

Awaiting for your reply

Regards

Chetan