TAX LIABILITY OF 5 YEAR TIME DIPOSIT IN POST OFFICE

RAKESH UPADHYAY (SR.CLEARK) (147 Points)

15 May 2019  
POST OFFICE TIME DIPOSIT FOR 5 YEAR IS TAX SAVING INSTRUMENT AND MATURITY AMOUNT RECEIVABLE AFTER 5 YEAR WITH COMPOUND INTEREST IS IT POSSIBLE TO SHOW INTEREST EVERY YEAR IN ITR TO REDUCE TAX LIABILITY IN THE END LIKE NSC.