while calculating income from other sources, are the following items included:::
Interest on post office saving bank account
Interest on government securities
Interest on Monthly Income Scheme of Post Office
Pulkit Bohra (none) (47 Points)
17 April 2011while calculating income from other sources, are the following items included:::
Interest on post office saving bank account
Interest on government securities
Interest on Monthly Income Scheme of Post Office
Devendra
(Chartered Accountant)
(4775 Points)
Replied 17 April 2011
All the above mentioned incomes are taxable under the head Income from Other Sources.
Regards,
Devendra K
Pulkit Bohra
(none)
(47 Points)
Replied 17 April 2011
thanks for ur reply....i am a bit confused here cause i believe intrest income from post office savings is exempted u/s 10(15)..
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