Tax liability
This query is : Resolved
17 July 2016
one of my uncle have age of 65.he is retired person but receiving salary from 1 company and pension from another company,interest from PPF a/c,saving bank interest,fd interest.
he earned pension income of rs 20088,interest of fd is 70293,interest from ppf is Rs 4,607,dividend from share rs 6614 and interest from rd is 4419 and income from salary is rs3,18,895.
i want to know which income is taxable and which exempted and how much his tax liability?
Plz inform me sir as soon as possible
he earned pension income of rs 20088,interest of fd is 70293,interest from ppf is Rs 4,607,dividend from share rs 6614 and interest from rd is 4419 and income from salary is rs3,18,895.
i want to know which income is taxable and which exempted and how much his tax liability?
Plz inform me sir as soon as possible
18 July 2016
PPF interest and dividend is exempted u/s. 10(15) and 10(34).
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Filing d ITR by registered legal heir
- Tax implications of gift to maternal uncle
- Closure of a PVT LTD company
- ROC filings for the first year of incorporation
- 26QB correction - no data available error for fully consumed/processed with default
- Real estate business by a partnership firm where both of the partners are SC/ST
- When I Login E-invoice portal with waybill user id and pw, it is showing 3011 error data
- Short term capital gain Section 87A
- TDS on Purchase of Immovable Property in case of Co Owner
- Tax Invoice is mandatory
- Unable to convert User role from Registered user to Business user on MCA V3 portal
- Please help with SAC Codes (6 digits) for below mentioned services provided by Chartered Accountant
- Need to send letter to GST dept. For claimed missed ITC
- PRINTING PRESS UNDER COMPOSITION SCHEME
- 140-A TAX WRONGLY PAID PAN NO
- CSR funding for private limited companies
- SAC codes for Chartered Accountant
- Professional tax deduction monthly
- Cross charges verses Isd methof
- Refund Application in RFD 01 for Export without payment of tax
CAclubindia
