Dear Sir, My mother had deposited Rs 500 P/M in Post Office Recurring Deposit in my name since last six year. She did not told me about this.Now this is matured and I got a Cheque from Post Office.Is this amount is taxable?

Netizens

Q	Dear Sir, My mother had deposited Rs 500 P/M in Post Office Recurring Deposit in my name since last six year. She did not told me about this.Now this is matured and I got a Cheque from Post Office.Is this amount is taxable?
	Posted By : Rekha Ladha , Howrah, Howrah \| On 6.7.2010	Post Answer X

Answers

1	No
	Posted By :Jeevan Kumar Mittal , Delhi \| On 24.9.2010