Intt. On Post Office Savings Bank A/C
This query is : Open
26 July 2009
whether Intt. on Post Office Savings Bank A/C is exempt From TaxU/S 10(15) (i)
26 July 2009
plz tell me under which head income from fdr made by firm taxable.is donation allowed from income from other sources
26 July 2009
To Mr.Vishal
If the FDR is in relation the business, interest thereon is business income. Otherwise such interest is to be offered for taxation under the head'income frome other sources.
If the FDR is in relation the business, interest thereon is business income. Otherwise such interest is to be offered for taxation under the head'income frome other sources.
26 July 2009
To Mr.Ankit
Interest on Post Office savings bank account is exempt u/s 10(15)(i) of the Income tax Act,1961.
Interest on Post Office savings bank account is exempt u/s 10(15)(i) of the Income tax Act,1961.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS 194-T applicability
- Fixe term employment
- Is any professional CA is here please reply
- GST ITC REVERSE
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Reprocessing of rectification order AY 2025-26
- Section 50-fixed asset-->building ceases to exist
- Putting a heading on received mail
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Consolidated financials
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
