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satish (a)     22 September 2012

Obc reservation

hi sir this is satish from Hyderabad,AP sir i am having a doudt regarding the OBC creamy layer sir it is given that 4.5 lakh and above income will come under creamy layer my father was an government employee of grade VI of INDIAN OIL CORP in Hyderabad and got RETIRED in 2009 and he was getting a pension of about 80000 per year and after retiring he was got money of about 30 lakhs and he made a fixed deposit and he is applied for TDS and my father get an income of about 3 lakh per annum as interest on fixed deposits and this account not over 4 lahks adding the pension, 1)my doubt is whether i belong to OBC Creamy layer. 2)whether fixed deposit income be calculated in determing the creamy layer status 3)or else only pension is taking into account in determing the creamy layer status sir please clarify my doubt Thanks Satish


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 1 Replies

CA SANKAR (PRACTING CHARTERED ACCOUNTANT )     26 September 2012

Hello sathis, Interest is also income

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