MRS. X AGED 62 YEARS HAS DEPOSITED RS. 15 LAKH UNDER PRADHAN MANTRI VAYA VANDANA YOJANA OF LIC. AND RECEIVED INCOME OF RS. 9250 EVERY MONTHS FOR FY 22-23. WHETHER SUCH INCOME IS TAXABLE OR EXEMPT FROM INCOME TAX. IF EXEMPT THEN UNDER WHICH SECTION OF INCOME TAX
Menu
EXEMPTION OR TAXABILITY OF INTEREST RECEIVED UNDER PRADHAN MANTRI VAYA VANDANA YOJANA
Replies (2)
Quick Summary
It is taxable income under income from other sources
It is taxable u/h. IFOS....
Recent Topics :
- Foreign remittance from our client for Co Working
- UDIN generation
- Reply plz guys
- Tax Deduction and Collection Account Number
- Where can students practice XAT PYQs effectively?
- Gst on Guest house 5% without ITC
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
- GST Treatment and Reporting of Share & Mutual
- AGM Defective Notice
Related Topics :
CAclubindia
