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Interest on deposit with post office

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(Querist)
19 July 2015 Interest recd on deposits with Post office is taxable or not for A.Y.2015-16
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
19 July 2015 Interest on Savings is eligible for deduction u/s 80TTA subject to a limit of Rs 10000/-

Interest on others are taxable without any deduction.

Interest taxable under the head IFOS.

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