Interest income exemption
This query is : Resolved
05 May 2010
please let me know whether there is any exemption for interes income from deposits in bank
05 May 2010
No there is no exemption now, for Interest from Bank Deposits.
05 May 2010
agree with expert
05 May 2010
Yes. Taxable.
05 May 2010
Intrest on Bank account is taxable.
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