Interest on sb a/c

This query is : Resolved 
 


Querist : Anonymous (Querist) 22 March 2012

Sir,
As per Budget 12-13 SB account interest exempted up to Rs.10000/-. In case of Saving Plus account if we receive interest what will be the applicability. Please clarify.


CA Siddhartha Bhardwaj (Expert)
24 March 2012

Saving plus is a saving account only and accordingly interest will be eligible for exemption.


Querist : Anonymous (Querist) 26 March 2012

Sir,
After exceeding the thresh hold limit the amount transferred to MOD, the interest will be calculated on MOD, Please give your justification in this case.


Querist : Anonymous (Querist) 26 March 2012

Please give reply on this issue


Querist : Anonymous (Querist) 29 March 2012

Please clarify



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


Click here to login now



Similar Resolved Queries :






× Online Coaching My Enrolled Courses
Articles Forum News Experts Exams Share Files Income Tax Accounts Career Corporate Law Service Tax Video Judgements Rewards Top Members Events Albums Find Friends Featured Feed Scorecard Bookmarks Mock Test Poll Notification Knowledge Finder Coaching Institutes Trainee Corner Jobs
close x
  SHARE THIS