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General Forum: Money Matters
clarification on Income Tax..
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I want clarification with details why it not comes under taxable income.. on what basis. ????????????

Posted by: Mr. Surya Pudipeddi At: 21, Mar 2005 3:19:05 PM IST
chidambara rahasyam It is taxable if you are drawing Rs. 50 000 or abobe.

Posted by: Mr. M Kumar N At: 21, Mar 2005 2:53:22 PM IST
sir, on what basis you clarified this.. can u give me reasons how it not considered to taxable income.. rum bottle can be sent by courier ? give the address.. if u r in India... I arrange thru my friends.. it will take atleast 15 days to reach you. present stock is old munk.. this is okay for you?

Posted by: Mr. Surya Pudipeddi At: 21, Mar 2005 2:42:35 PM IST
I have PPF account. I want to withdraw Rs. 50,000 from the same on 2nd April 2005. whether it will be considered as taxable income ?

Posted by: Mr. Surya Pudipeddi At: 21, Mar 2005 11:46:09 AM IST
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