Tax liability
This query is : Resolved
17 July 2016
one of my uncle have age of 65.he is retired person but receiving salary from 1 company and pension from another company,interest from PPF a/c,saving bank interest,fd interest.
he earned pension income of rs 20088,interest of fd is 70293,interest from ppf is Rs 4,607,dividend from share rs 6614 and interest from rd is 4419 and income from salary is rs3,18,895.
i want to know which income is taxable and which exempted and how much his tax liability?
Plz inform me sir as soon as possible
he earned pension income of rs 20088,interest of fd is 70293,interest from ppf is Rs 4,607,dividend from share rs 6614 and interest from rd is 4419 and income from salary is rs3,18,895.
i want to know which income is taxable and which exempted and how much his tax liability?
Plz inform me sir as soon as possible
18 July 2016
PPF interest and dividend is exempted u/s. 10(15) and 10(34).
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