Any last date for filing itr 2014-15


This query is : Resolved 

08 July 2015 what is the exemption limit of interest income.

ashwani (Expert)
09 July 2015 CBDT vide order no 119 dated 10th June 2015 has extended the date for AY 2015-16 from 31st July 2015 to 31st August 2015.

The interest income is taxable but a exemption u/s 80TTA to the extend of Rs 10,000/- can be claimed for Saving bank interest.
Please note the interest income from fixed deposits/ flexi deposits cannot be claimed as a deduction u/s 80TTA.


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