innt on deposit


This query is : Resolved 

(Querist)
14 July 2011 sir,
intt. on deposit in post office is taxable or not for a.y. 2011-12, rs.4978.

14 July 2011 Interest is taxable in case of Post Office
Deposits.

atul jaiswal (Querist)
15 July 2011 sir, as per sec 10(15) intt. on saving account in p.office upto5000 is exempt.
and intt. on p.p.f. a/c in p.offce is fully exempt 10(11)
.


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