u/s 80 tta
This query is : Resolved
27 July 2013
sir
In period 01.04.12 to 31.03.13 i have received below interest amount
bank int RS 2000/-
Bank FD Int RS 3000/-
Bank RS Int RS 1500/-
Int on IT Refund RS 947/-
Kindly advise how much amount i can claim u/s 80tta
Regards
Piyush
In period 01.04.12 to 31.03.13 i have received below interest amount
bank int RS 2000/-
Bank FD Int RS 3000/-
Bank RS Int RS 1500/-
Int on IT Refund RS 947/-
Kindly advise how much amount i can claim u/s 80tta
Regards
Piyush
27 July 2013
80TTA is for savings bank account interest only. Deduction is actual s.b interest amount or Rs.10,000 whichever is less.
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28 July 2013
Eligible under section 80TTA is Rs.3500
You need to show income from other sources in interest coloumn for Rs.7447 and can claim exemption under section 80TTA for Rs.3500
You need to show income from other sources in interest coloumn for Rs.7447 and can claim exemption under section 80TTA for Rs.3500
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28 July 2013
Sir
one small doubt Bank RD int is taxable right ??
regards
Piyush
one small doubt Bank RD int is taxable right ??
regards
Piyush
28 July 2013
FD interest is taxable.
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