Interest on fd & rental income of co-opeartive hou society
This query is : Resolved
Guest
Guest
(Querist)
02 December 2011
If any Are Co-operative Housing Society earning income from interest on FD with Bank (Nationalize & Co-operative Bank)& Rent from Shop which is owned by society the both this income are taxable ?
03 December 2011
Yes both are taxable in accordance to Section 80P(2)(f).
Guest
Guest
(Querist)
07 December 2011
Thank You .
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