Posted on: 07th Sep, 2009 07:06 am
Personal Accout is taxble?
because I invest more money in PPF account and I got interest on that. so this Investment is taxable.
Plse berif me
because I invest more money in PPF account and I got interest on that. so this Investment is taxable.
Plse berif me
In my opinion, personal account is taxable. It would be better if you could contact a tax adviser and check out his opinion in this regard.
if you are speaking of interest earned on a savings account in the united states, then the answer is "yes." interest earned on savings accounts is fully taxable.
