Dear Sir,
I have Opened KISAN VIKAS PATRA deposit ACCOUNT IN POST OFFICE for 204 MONTHS duration during June'22 and will mature during october- 2032.with DOUBLE the amount of investment without TDS.
Interest is calculated @ 6.9% ANNUALLY ,i,e., from JUNE 2023 onwards.
. Whether the interest income of particular KVP deposit is taxable during FY22-23 or FY23-24 ?
Read more at: https://www.caclubindia.com/experts/recurring-deposit-interest-income-taxability-2875794.asp
CAclubindia
