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Cumulative Bond Interest Tax Rules And SCSS Deduction After Death

Weekend QA: Taxation Of Cumulative Bond Interest On Maturity, And Post-Demise SCSS Tax Deductions

Under the accrual basis, you have to offer the income for tax as and when the income accrues to you. There is no need for you to keep the money in the SCSS account till April 2027 to claim the deduction

BY Balwant Jain

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What's Inside That Festive Deal?

What's Inside That Festive Deal?
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