18 December 2021
sir, during 20-21 financial year I received 649 by way of interest from voluntary PF A/C. While I try to add this amt in ITR I, Is show "Interest from Saving Account" in other income head . my doubt is Rs 649 is not from interest from saving account . whether I need to add this amount. Please advise with regards Binu
18 December 2021
For FY 2020-21, interest earned over VFP is tax-exempt, if withdrawn after 5 years. So, if its accrued interest declare the same under Exempt income.
CAclubindia
