CA Raghav Bansal (Chartered Accountant) (98 Points)
11 June 2010
Simranjeet Singh
(Proprietor at S Simranjeet & Associates Company Secretaries)
(4396 Points)
Replied 11 June 2010
As per my knowledge it is not taxable.......
chetan Loknathka
(student)
(102 Points)
Replied 12 June 2010
income from uti is not taxable but interest received on this (reinvest is tax free) is taxable