When interest on employee’s own contribution from unrecognized provident fund is received, it is:
A. Taxable as income from other sources
B. Taxable as income from salary
C. Exempt from tax
D. Taxable if the interest exceeds ₹ 10,000
Answer:A
When interest on employee’s own contribution from unrecognized provident fund is received, it is:
A. Taxable as income from other sources B. Taxable as income from salary C. Exempt from tax D. Taxable if the interest exceeds ₹ 10,000