please get me know whether Amt received from maturity of investments in NSC(VIII) is taxable or not
CA.HARSHIT KHATRI
(CHARTERED ACCOUNTANT)
(47 Points)
Replied 02 March 2012
Only the interest received for the last year will be taxable & the balance amount received will not be taxable
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)
CAclubindia
