I am investing in Tier 1 NPS every year. The value of the NPS was 54000 as on 31.03.2020 and I had invested Rs.50000 on 01.07.2019
I have not withdrawn any money. But seem to withdraw 12500 ( 25% of own contribution ) in FY 2021.
Have I to pay capital gains on this ? In which year ? on how much amount ?
2 Replies
CA Raj Doshi
(Practising CA)
(8924 Points)
Replied 19 July 2020
My queries are still unanswered. Please guide about offering income under the head capital gains for FY 2019-20 ( there is no partial withdrawal in that year )
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