banner_ad

income from other sources

This query is : Resolved 
Profile Image

Profile Image

(Querist)
12 July 2010 Is the following income is taxable
1)bonus received on postal savings at the time of maturity @10% on principal amount.
2)Intrest received on post office saving schemes.
Profile Image

Bhaskaran Chackrapani Warrier

Profile Image

Bhaskaran Chackrapani Warrier (Expert)
12 July 2010 1) Taxable under the head"income from other sources".
2) Taxable under the head "income from other sources" except the interest on post office savings account.
Profile Image

Sunil Kr. Sanganeria

Profile Image

Sunil Kr. Sanganeria (Expert)
12 July 2010 Both interest & Bonus is Taxable. Only Interest received on Post Office saving Account is exempted.
Profile Image

DR GAURAV GUPTA FCA, FCS, LL.B

Profile Image

DR GAURAV GUPTA FCA, FCS, LL.B (Expert)
12 July 2010 both are taxable under other sources
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI
ChatGPT Perplexity Claude Google AI Grok

CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details