EASYOFFICE
EASYOFFICE
EASYOFFICE

Life insurance exemption and saving bank interest

This query is : Resolved 
Profile Image

Profile Image

(Querist)
11 June 2013 DEAR SIR,

I am going to file ITR for AY 2010-11, 2011-12, request please advise

1. Is interest earned in saving bank is taxable.

2. How much(%) exemption I can take on premium paid for life insurance.

thanks
Profile Image

CMA Ramesh Krishnan

Profile Image

CMA Ramesh Krishnan (Expert)
11 June 2013 Belated return u/s.139(4) can be filed only with in 1 year from the end of relevant assessment year. so both assessment year time is barred now. you cannot file now

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links