Easy Office
Easy Office

Saving account bank interest

This query is : Resolved 
Profile Image

Profile Image

(Querist)
02 August 2014 Hello, Is Bank account interst is taxable for A.Y. 2014-15, even if total interest is less than 10000Rs. Kindly assist Thanks
Profile Image

Rupesh Jain

Profile Image

Rupesh Jain (Expert)
02 August 2014 saving bank a/c intt deductible u/s 80TTA up to rs. 10000/- in a year
Profile Image

CMA. CS. Sanjay Gupta

Profile Image

CMA. CS. Sanjay Gupta (Expert)
02 August 2014 Savings Bank interest is exempted u/s 80TTA upto Rs 10000. Amount in excess of Rs 10000 is taxable.
Upgrade to CAclubindia Pro. Subscribe Now!


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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links