Poonawalla fincorps
Poonawalla fincorps

Saving bank interest

This query is : Resolved 
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(Querist)
23 October 2015 saving bank account interest are taxable above 10000 yes or no under 80tta
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
23 October 2015 Exempted upto 10000/- u/s 80TTA. Any amount in excess of Rs 10000/- is taxable under the Income from Other Sources.

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