Exemption of Interest Income

Tax queries 573 views 2 replies

Friends please let me know whether the income listed below are taxable ?

1) Post office 8% interest scheme
2) Post office 9% interest scheme \
(Sr. citizen)
3) LIC Monthly Interest (Sr. Citizen)
4) SBI 9% Sr. Citizen Scheme
5) NHB Capital Bond Scheme
 

Replies (2)

Hi.... Evening K.R....

The income list mentioned by u is taxeable...

All the incomes are taxaeble.. Even Tax Free Bonds are, i think, taxaeble

DearFriend,

To my knowledge Interest Income from whatever source is Taxable.


CCI Pro

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