Bank interest

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rohit (Querist)
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14 August 2015 WHETHER SALARY ACCOUNT INTEREST OR SAVING ACCOUNT INTEREST IS DEDUCTIBLE UNDER 80TTA?

I GOT INTEREST CREDIT ON 1 APRIL 2015, SO WHETHER IT SHOULD BE SHOWN IN AY 15-16 ITR OR 16-17 ITR??

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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14 August 2015 Deduction for Saving Bank Interest is available u/s 80TTA subject to maximum of Rs 10000/-.

Interest credit on 01/04/2015 to be shown in the return of AY 16-17

rohit

rohit (Querist)
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14 August 2015 WHAT ABOUT SALARY ACCOUNT INTEREST

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CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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14 August 2015 Salary Saving Account interest also exempted. Salary Account is also saving account.