Income tax on saving bank interest only
This query is : Resolved
lalit sharma
(Querist)
25 March 2018
Respected Experts,
I want to know about tax savings options available for individual having only saving bank Interest Income (approx 10 lac) in FY 2015-16.
Thanks in advance
I want to know about tax savings options available for individual having only saving bank Interest Income (approx 10 lac) in FY 2015-16.
Thanks in advance
K Srinivas, CMA CS
(Expert)
25 March 2018
No specific deductions available for interest income from savings account. Usual Chapter VI A deductions are available
CA Rashmi Gandhi
(Expert)
25 March 2018
You can claim Deduction u/s 80C,80CCD, 80D, 80G, 80TTA if any.
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