Plz let me know that is Interest earned under Post Office Deposits is exempt,and under which section
Afzal Momin (CA FINAL) (177 Points)
28 August 2011Plz let me know that is Interest earned under Post Office Deposits is exempt,and under which section
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 28 August 2011
only post office savings bank interest is exempt upto 3500 per year in individual a/c / 7000 in joint a/c u/s 10(15)