Give your views regarding whether the interest on PROVIDEND FUND balance is taxable?
2 Replies
CA Nikita
(Chartered Accountant)
(4158 Points)
Replied 13 July 2007
Depends whether it is recognised or unrecognised... no tax on int from RPF but int on URPF is taxable... other criterias being fulfilled..
Arul Prabu
(Chartered Accountant)
(53 Points)
Replied 16 July 2007
Yes, Taxable under the heads Income from Other Sources
Recent Topics
- Avoiding tax audit in case of intraday equity loss
- Form 3CEAB
- Form 3CEAA and Form 3CEAB
- DIR 3 Web KYC
- Can i declare LTCG income as business income if I
- Stock entry in new software
- I have an EMI collection shop, what is its SAC cod
- Making payment once in quarter possible under QRMP
- Master File Documentation related
- Applicability of 44AD needs clarification
Related Threads
CAclubindia
