When interest on employee's own contribution from unrecognized provident fund is received, it is:

CS Executive · Tax Laws and Practice · PYQS · December 2017
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 & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Income Tax

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