Interest incomes banks
This query is : Open
26 July 2016
In Form 26 AS i have received a Credit of Rs. 1030 from IOB bank. But no tds has been deducted.
I have also received a Credit of Rs. 1764 ( Saving Banks Interest) and Rs. 904 interest from Fixed Deposit from SBI.
In addition to the above i have interest accrual from savings account Rs. 1292.
Tds from my salary income of Rs. 495 has been deducted.
Now my doubt is that
In income from other sources what is the amount of interest should i mention .
and what is the exemption will get u/s 80TTA.
Please clarify...in order to file return. An will the last date for filing IT Returns will be extended..
I have also received a Credit of Rs. 1764 ( Saving Banks Interest) and Rs. 904 interest from Fixed Deposit from SBI.
In addition to the above i have interest accrual from savings account Rs. 1292.
Tds from my salary income of Rs. 495 has been deducted.
Now my doubt is that
In income from other sources what is the amount of interest should i mention .
and what is the exemption will get u/s 80TTA.
Please clarify...in order to file return. An will the last date for filing IT Returns will be extended..
26 July 2016
FD Int will be taxable. saving bank Int upto 10000 will be claimed as deduction u/s 80TTA
last date is 31 july no extension
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Capital gain from sale of house property
- TDS on Purchase of Immovable Property by NRI from NRI
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Value of property in capital gain
- Regarding TDS Applicability For Director Remuneration
- Copyright software
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- Annual return in Gst
- Multiple trade mark
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
