Does interest on interest go in to the Taxable contribution account of EPF

Yes, the interest accrued on the taxable contribution account in subsequent financial years will also be included in the taxable contribution account. This means that both the excess contributions made in a previous year and the interest earned on those contributions, including subsequent years, will be considered as taxable contribution account and will be subject to tax.

Thanks for the reply

It looks a bit unfair. It is like from the interest amount that I earned, some amount went to tax (although I would have paid it from my Savings account as normally we wouldn't withdraw the money from EPF account) but still the
interest earned on the entire interest amount is being made taxable in the subsequent years