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EXEMPTED INTEREST ON FDR in itr 1

This query is : Resolved 

23 September 2021 Where to show the exempted interest received on FDR in ITR 1

23 September 2021 How can interest on FDR be exempted?
It is to be declared under IFOS.

24 September 2021 It is less than Rs. 40000/-

24 September 2021 It means TDS will not be deducted, but it is not tax-free. Only for Senior Citizens the deduction upto Rs.50,000/- can be claimed u/s. 80TTB.
Declare it under Schedule 'Other Sources' ....


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