Interest credited/paid by electricity deptt.
This query is : Resolved
13 August 2015
During the FY2014-15,an individual received, in his electricity bill,interest Rs.1002 as under
2003-11 Rs.787
2013-14 Rs.215
Expert Sir, Please advise
Is it taxable
inFy 2014-15?
Can it be part of 80 TTA ?
With regards,
R.K.ARORA
2003-11 Rs.787
2013-14 Rs.215
Expert Sir, Please advise
Is it taxable
inFy 2014-15?
Can it be part of 80 TTA ?
With regards,
R.K.ARORA
13 August 2015
Nops, 80TTA is Only for Bank Interest.
This is Taxable as Other Source Income.
This is Taxable as Other Source Income.
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