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Interest on investment

(Querist) 06 December 2008 This query is : Resolved 
Please tell the maximum exemption limit of income from interest under Income Tax Act ?
Adv.Shine Thomas (Expert) 09 December 2008
Interest in investments falls under sec 80L of the Income Tax Act can be exempted from tax upto Rs.15,000(2005-06).
rajesh garg (Expert) 27 January 2009
no any specified limits of taxable income under the head of interest income.


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