How to calculate accrued interest on Post office Recurring Deposit for IT purpose?

In case of PO Recurring deposit accounts, the principal amount and the interest thereon is payable at the maturity only and the post offices neither have any ready reckoner , like NSCs, for calculation of accrued interest nor issue any certificate for such interest. How to work out accrued interest on RD deposits for showing it under item ‘Income from other sources.’ If entire interest is to be shown in the year of actual receipt, instead of accrual basis, it may lead to heavy tax incidence at higher rate.

Does Indian banks buy back the gold coins sold by them?

Hi, I am planning to buy some gold coin for investment purpose. To make sure of purity, I am planning to buy from Banks. As its investment purpose, I will be selling it after I gain handsomely / in emergency.
So does anybody know – which Indian Banks buy back the gold coins sold by them?

Is interest paid on Car Loan Tax Deductible?

I am currently self employed and would like to purchase a passenger vehicle for general business use. For this purpose, I am planning to take loan from a government bank.

Will the interest portion on the EMI paid be deductible from my income tax calculations? If yes, then what percent of the interest amount is deducted from the income tax?

I have tried searching everywhere and could not find the answer to this question!
I live in Calcutta, India

My father is a retried government servant. He was retried on medical grounds, and a certificate is also issued?

My father is a retried government servant. He was retried on medical grounds, and a certificate is also issued that the person should be is unfit to work on medical grounds, an was granted invalid pension. the question is do my father can take the senior citizen facilities for tax purpose, travelling prupose etc, due to the same reason, if it is so can you please send me the circulation copies of the same.