Income Tax | Interest from NSC, KVP, NSS etc. are Taxable or NOT ?
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- Опубліковано 28 гру 2017
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VIDEO IS ABOUT:
Income Tax, Tax on Interest, Interest on NSC/KVP/NSS etc, Taxability of NSC/KVP/NSS etc, Interest from National Savings Certificate / Kisaan Vikaas Patra / National Savings Scheme etc. are TAXABLE or NOT...
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You are best sir !!👍👍💐
Dr. Sahab very well explained
you are very important sir
pliz always guide us
In NSC it is confusing to calculate when investment is made in mid FY on a random date, suppose we have invested Rs100000 on 28th July 2021 then 1st year nsc Rs6800 is actually from 28th July 2021 to 28th July 2022, so what is right way of declaring 1st yr 2nd yr 3rd yr 4th yr and 5th yr interest?
1) Should we declare full 1st yr nsc interest Rs6800 in ITR for FY22-23( is FY right?)
Or 2) should we split 12mon int Rs6800 amount, so as to declare 8mon int(FY 21-22 28th July 2021 to 31st Mar 2022) and 4mon in next (FY22-23 1st APR 22 to 28th July 2022)?
On other hand we say 1st yr 12mn NSC int is reinvested in 2nd year and show this in next Fyear- while filing ITR, whereas if we go by dates, it's only 8 mns int accrued falling under FY21-22, so are we supposed to declare 8mns interest income and deduction of the same amt in 80C and remaining 4mon & it's deduction int FY22-23?
Pls clarify this confusion..of how it should be interpreted and declared.
Pls carefully read my example as I have never declared yearly interest..it's imp to understand the above, that's why gave eg.. Pls see FYs. Kindly reply
Excellent information thanks 😊
Thanks sir
Sir, Pls make detailed video on NPS and it's deduction amount with procedure and also make diffrentiation with its effect if any with 80C? Thank You
Thank you
Sir thnx, ydi nsc ka interest har saal computation of income me show karna bhul jaaye, toh iska whole interest nsc matured hone pr computatoin of income me add kiya ja sakata hai, aur 80c me whole intt.ka benefi milega ya nhi.
If we have not declared interest in first year and neither claimed it in 80C, can we start doing this from the 2nd year of nsc, that is declaring 2nd year interest and claiming in 80C and continue...?
Secondky my worry is suppose we declare each year like this but post office declares the lumpsum 5 yr interest in the last year in AIS/TIS sft section, then it would become double declaratiok for us? Because our int income in ITR should match AIS else if we show only 5th year interest then IT might send mismatch.
Pls guide and clarify both these points.
Note: my income is not in taxable bracket any year so no tax liability
Sir KVP mein jab mature honge tab amount + profit dono PE tax lagta hai ?
is nsc maturity amount taxable? Accrued Interest income me liya or deduction claim kia tha,
Sir ,please Ap mughe gst holder ka itr fill Karna batay
sir Kvp par jo int milta hai kya post office us par tds deduct karta hai yeah nahi??...and maturity par tax benefit kaise le..sft txn mein above 10 lakh show ho gay hai 26 as mein ..and person ki kabhi itr file nahin hui hai pahele as house wife hain ..no source of income..
Tds on interest on SCSS deducted by post office has not been remitted to Income Tax Department. Amount TDS is not reflected in in Form 26AS in my name / PAN for financial year 2021-22Not Form 16A has been issued by Post Office.Can y please give address and Tan no of authority so that I can remind. Thanks.
Sir mene each year ka intrest show nahi kiya hai ab maturity par kaise karna hai NSC 50000 ki thi mature value 75000 hai
In savings account my name is first...bt in the term deposits, wife name is first. The interest of the deposit is credited in the savings account. Sir , in this case who is liable to pay tax??
Thanks🌹
Sir agar hm tax slab me aate hain aur kvp ya fd ka monthly ya yearly interest withdrawal krte rahe to kya hm ek sath milni vali maturity pe tax se bach sakte hai
What is ssa scheme. Difference between nss 87 and nss 92. Kindly explain. Thanks.
Kvp ki maturity per ten year ke bad intrest ko kya income tax slab main add karenge
CAN I SHOW KISAAN VIKAS PATRA INTEREST IN INCOME TAX RETURN AFTER THREE YEARS FROM ISSUE DATE
Kvp me 10000/- interest 10 years ke baad milega toh uspe tax kitna rupees lagega agar 200000 yearly income hai toh
Sir mera son 12 yrs ke behalf me kvp korne pe kya mera income from others source me interest dekhana porega? Im a tax payer. Or phir mature hone ke baad son ke khate me chala jayega? Mujhe tax dena porega ki nahi? Pls ans.
Interest earn from co op bank is taxable?
Sir NSC ka Starting year Me tax Nehi dena Partha ?. Next year se calculation start Hota he kya ?
sir ...govt job nahi h ..tax pay nahi karte h toh aab kvp ka tax kese pay kare ....
Namaste sir
Please Answer
Sir agar koi mobile repairing Aur TV Repairing Karta hai 18 Se 20 Hazar Rupe Har Mahine kamata hai to usko GST karana paega Yea income tex retain bharna padega please sir answer
Haidar Ali if you want yes.
income tax return achhe future ki pehchan hey.
Sir, Thanks so much for this useful details. Could you please explain more how to calculate the interest from NSC and KVP?
A= P×(1+(R/100))^T se
Interest on NSC will be taxable after 5 yrs period on the maturity or on the withdrawal? Pls reply.
I am a house wife. If I get interest more than 10,000 in a year.Then will it diduct from my account?
kya KVP pura hone ke bad bhi interest milta
Sir Below case mai kya treatment hoga
1. NSC ke yearly interest ko ITR mai show kiya but 80C mai deduction nhe liya to last year treatment
2. And NSC ke yearly interest ko ITR mai show kiya and 80C mai deduction liya to last year tax treatment
Please clear this
NSC ke Case mai agar yearly interest ko ITR mai include kr liya and 80C mai deduction nhe liya to Maturity wale yearly mai only last year wale interest per he tax dena hoga ?
Sir maine apne mummy ke naam pr 6 lakhs ka NSC karwaya hai kya unhe 6 lakhs pe income tax bharna padega .. kya unko itr bharna padega ... Unko agle 5 saal or koi income nhi rahega... Help me sir
Good Morning sir
Sir aap UA-cam par live chat karte ho
Bitcoin के पर कमाई पर Tax देना होगा। अगर देना होता है तो कितना % है।
Sir please show video with examples 🙏
KVP pa kitna tax dena padega.
🙏🙏🙂
KVP MAI TDS DEDUCT HOGA ?
Sir ge nss intrest others intrest income m la la
Salary person ke liye tax free koi bachat plan ho hoto btayen????
Sir 1000000 kvp Mai. Kitna tax lgega maturity ke bad..... Plz tell
10 lakh pr? .....pta chla apko?
Sir if someone surrenders the NSC before maturity what will be the provision for tax which is included in total income and paid tax on that accrued interest.
Accrued interest is fully taxable
sir kya nsc mature hone pr returns per tax bharna padega
Last year yani 5va saal Jo Hoga sirf us interest par tax dena h for example agr 1st apko ek 1000 interest Mila 2nd year 3000 3rd &4th year maan lijiye 6000 interest Mila aur Jo 5th year me 7 thousand interest Mila to apko sirf 7000 par interest dena Hoga baki k 4saal Kuch nhi short term k liye nsc Acha h
NSC par tds katgyaa yaa nhi
Sir abhi bhii samaj nahi aa rha he 5 saal ki nsc ka pahele vala 4 saal ka intrees ka tex de na he ki nhi de na he agar nhi diya to phelevale 4 saal ka bhi 5ve saal me de na hoga ki 5 ve saal me jo intrees aaya vo hi income ne gina jayaga
Bhai simple hai ..
Ya toh har saal income from other sources main add krke tax de do 5 saal tak aisa kro.
Ya last year (5th year) jo bhi interest ka paisa mile...uspe tax bhar do total..
Aaj maine 1 lakh ki agar NSC kro toh 6.8% ke hisaab se per year jo bhi interest aayega 6800 wo main har saal dunga 2021-2026.
Ya phir 39000 interest amont pe tax total 2026 year main de dunga.
Agar 1,50,000 ka NSC liya jaye to kya 5 saal baad mile hue interest par tds katega????
No tds deducted
Kindly show how to file a return on post office TD
mamoni
Sir Hum 4 Bhai hai Aur Har Bhai 15000 Hazar Rupe Mahina kamate hai Hum apni sister ki Shadi mai 4. yea 5. Lakh ki car Dena chate hai to kese de please reply sir
30 lakh रुपये kvp में invest करना है tax कितना लगेगा
Play at 1.25 speed.
That's Exactly what I did. 😂
Aap arbon rupaye kmaaye ho sr..... sorry...btaaiye aap kitna tex chori krte hai???? Tex..Tex...Tex..kya hai ye kitna tex denge bhaai hm log????
Nsc MATURE hone per
2lakha KVP duguna me TeX denahog
Yes
No one is answering properly so here I am giving an example. please answer..
Nsc interest 40000, ppf 150000
No claim of Nsc int. U/s 80 c. For five years. Bcz limit exhausted by ppf.
By this will maturity interest of Nsc tax free?
Simplifying jab 5 years k baad payment milegi to Us interest ko kahin show to nahi karna hoga.
NSC interest would be taxable as per slab rates
@@kushalsharma3718kvp also?
I will sleep or he will sleep
Bas tax dete jao... sarkar se ummid kuch mat rakhho
Why u speak so fast man?