I had few NSC deposits with post office, which matured in Sept 2016.
I received income total income of Rs 50,000 including principal amount.
I would like to know is this Rs 50k taxable income? I have received income tax exemption in the year I purchased these NSC.
Also please clarify has the post office already deducted tax on Rs 50k?
If yes then will I get TDS certificate from post office?
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