https://www.taxtmi.com/acts?id=8450 The amendment adds deposits under the Senior Citizens Savings Scheme and five year Post Office time deposits to qualifying investments for deduction and provides that any amount, including accrued interest, withdrawn before the five year period shall be deemed income of the previous year and taxed accordingly, except for interest already included in earlier total income and amounts (other than interest) received by a nominee or legal heir on the account holder's death that were not previously taxed. en-us Fri, 29 Feb 2008 20:02:09 +0530 Sat, 01 Mar 2008 01:02:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=8450 The amendment adds deposits under the Senior Citizens Savings Scheme and five year Post Office time deposits to qualifying investments for deduction and provides that any amount, including accrued interest, withdrawn before the five year period shall be deemed income of the previous year and taxed accordingly, except for interest already included in earlier total income and amounts (other than interest) received by a nominee or legal heir on the account holder's death that were not previously taxed. Act-Rules Bills Fri, 29 Feb 2008 20:02:09 +0530 https://www.taxtmi.com/acts?id=8450