state gov Bihar Panchayat Accountant Cum IT Assistant (Lekhpal) 2024 Mock Testseries Income-tax and Corporate Tax Planning Deduction and Collection of tax at source
Interest is credited to the account of employee of Statutory Provident Fund. What will be the taxability for a private employee of interest earned of ₹ 2,00,000?
1
Fully exempt
2
Fully taxable
3
Amount in excess of 9.5% p.a. is taxable
4
Amount in excess of 12% p.a. is taxable