Income tax
swapna (accounts officer) (33 Points)
09 January 2014
investment in RD account in scheduled bank having exemption in income tax
2 Replies
Shyam C.Pujara
(Student (C.A Final))
(177 Points)
Replied 09 January 2014
| Originally posted by : swapna | ||
 |
investment in RD account in scheduled bank having exemption in income tax |  |
What is ur question ??????
veeru sagar
(BBE,M.com,CA Final )
(473 Points)
Replied 11 January 2014
Dear Sawpna
Income earned from RD a/c exempted from income tax but the treatments of interest you have to shown as Nsc . first of all you ha ve to add in other income and deduct from the gross income as deduction under chapter VI
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