Hi friends,
When we make investment in fixed depoists for a tenure of five years or more, we get income tax deduction u/s 80C but interest is subj to TDS .
my doubt is what is taxability of princiapal of FD maturity proceeds.Is it taxable or nt
CA.Varalakshmi.M (Manager-Finance) (482 Points)
21 May 2012Hi friends,
When we make investment in fixed depoists for a tenure of five years or more, we get income tax deduction u/s 80C but interest is subj to TDS .
my doubt is what is taxability of princiapal of FD maturity proceeds.Is it taxable or nt
Deepak Parsai
(Future CA)
(623 Points)
Replied 21 May 2012
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)