Answer ( 1 )

  1. Following incomes are treated as incomes deemed to be received in India:

    Interest credited to recognised provident fund account of an employee in excess of 9.5% per annum.
    Employer’s contribution to recognised provident fund in excess of 12% of the salary of the employee.
    Transferred balance in case of reorg​anisation of unrecognised provident fund.
    Contribution by the Central Government or other employer to the account of the employee in case of notified pension scheme refered to in section 80CCD​​.​

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