If a resident individual accumulates income during the financial year via interest on saving bank (7,000), PPF interest (100,000) , Dividends from Shares and Mutual Funds (100,000), Long Term Capital Gain on Securities (75,000), all of which are exempt from tax except SB interest; in such case would the total taxable income be a sum of all of the above or only savings bank interest?
Only income which are subject to tax
EI does not come under taxable income IMHO
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