In 2010, A invested 5 lacs in senior citizen saving scheme. but didn't claim deduction u/s 80 c.
In 2018 the proceeds were recovered with interest.
Tax on above interest is paid every year.
Will A be eligible to pay tax on principal income received?
If possible please provide the section for the above
Principal amount is taxed only in case of premature withdrawal, not when maturity amount received after 5/8 years.
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