A new Corporate Income Tax Law ("CIT Law") was passed by China's legislature, ... Interest income, including accrued interest on NSC is taxable. o Money ......

Yes you can get exemption for accrued interest on NSC till fifth year. ... you can Claim deduction u/s 80C of Indian Income Tax Act 1961 subject to max of ......

No income tax benefit is available under the Kisan Vikas Patra scheme. ... Interest accrued for any year can be treated as fresh investment in NSC for that ......

I hold National Saving Certificates ( NSC ) worth Rs 2000. ... Apparently, you have claimed Section 80C deduction on accrued interest on the certificates from ......

Income Tax Computation for Salaried Tax Payers Accounting year 2008-09 Assessment ... Accrued Interest of NSC (Income of last year not to be considered) ......

Generally, it is advisable to declare accrued interest on NSC on a yearly basis. So, over the period of six years, you could declare the interest income for ......

The interest accrued would be included in the hands of the persons who purchased the NSC out of their income chargeable to tax.—Circular : No. 405 [F. No. ......

You may save income tax by investing in infrastructure bonds. ... I had bought NSC in 1998 of Rs 30000. How does its accrued interest come u/s 88? ......

Can paying tax on interest accrued on investments in KVP / NSC / GOI bonds ... As interest on these Patras has to be assessed to income-tax on accrual basis ......

... can i save income tax from the above retirement benefits? please guide me. ... 11140 in accrued interest from nsc ; rs 380 savings bank account interest ; ......

Jun 16, 2008 ... Experts Home > Income Tax > NSC Accrued Interest ... They take accrued interest on NSC under the head - Income from other sources and show ......

NSC accrued interest is taxable as Income from Other Sources. .... Vikas Gandhi answers, Yes, interest on Income tax refund is taxable and hence you have to ......

In order to assess the Income Tax liability, after allowing admissible ... to 6 year NSC Issues. g) Accrued interest on the issue of NSC h) Subscription to ......

Under the Income Tax Act Individuals can compute their taxes either on cash basis ... They take accrued interest on NSC under the head - Income from other ......