When it comes to investments like - National Savings Certificate (NSC), income is earned but again not received till the policy matures. However, here the situation is a bit different. Here, tax is not deducted at source. So, the investor will have to put in a bit of an effort here. Still, the job for investors is made easy as there are ready-made tables for such investments, which contain details of incomes earned.

Final Receipt

If the above 2 steps are followed judiciously, then the task of filing for returns becomes easy. If the investor has interest certificates from banks and income tables form NSC, filing for income tax becomes easy. The best part is, when the investor receives the pending incomes, (s)he will not have to worry about taxes on incomes earned as they have already been paid for.