bank charges of saving bank
This query is : Open
14 June 2017
I m having income from interest from others and saving bank interest.
The bank charges levied by the bank are deductible while computing GTI ?
CA Rashmi Gandhi
(Expert)
14 June 2017
No bank charges are not deductible in respect of saving bank interest.
However if bank charges are in respect of interest from others then same is deductible from such income.
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