Interest on saving bank account
CA Priti Bamal (138 Points)
03 October 2019CA Priti Bamal (138 Points)
03 October 2019
Akash Agrawal
(47 Points)
Replied 03 October 2019
Hello Priti,
You are absolutely correct. Interest on saving account is need to be classify under IFOS and for the same deduction can be claim under Chapter VI A. Now for disclosing bank account balance it should be disclose in balance sheet.
Thank u and all the best
sabyasachi mukherjee
(27334 Points)
Replied 03 October 2019
Kapadia Pravin
(17259 Points)
Replied 04 October 2019
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