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Itr 2

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 July 2013 1. What is exempted income in ITR 2
2. My saving bank interest is Rs.9000/-and PPF interest is Rs. 55000/-. Are these interests exempted. Which ITR form should I file.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
22 July 2013 Exempted income means Income exempted u/s.10

1. Saving bank interest taxable under Income from other sources and you can claim deduction up to Rs.10000 u/s.80TTA and PPF interest is exempted

2.You can file ITR-2

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