Income form bank interest in itr1

Total interest earned on saving account will be part of income from other sources which is Rs. 13,000/-

The exemption u/s 80TTA will be shown in the exemption 80TTA which is Rs. 10,000/-

It is deduction u/s - 80TTA not an exemption u/s 194A.

Firstly you have to show Total interest income under IFOS

And claim Rs.10000/- from GTI u/s 80TTA

Thanks for your reply Mr. Mihir.

what about the interest income from fixed deposit.  One person has int income of 25k and appropriate tax deducted by bank.. how he can claim the refund? under which section.

Please help

Ramachandran.N

@ Ramachandran

Yes, he can claim refund if total tax paid exceeds total tax liability. Exemption u/s 80TTA is available for saving account and not fixed deposit.