Calculation of taxable interest relating to contribution in a provident fund or recognised provided fund, exceeding specified limit

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....auses (11) and (12) of section 10 , income by way of interest accrued during the previous year which is not exempt from inclusion in the total income of a person under the said clauses (hereinafter in this rule referred to as the taxable interest), shall be computed as the interest accrued during the previous year in the taxable contribution account. (2) For the purpose of calculation of taxable ....