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
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- ADDITION OF CHALLAN IN TDS RETURN FORM 140
- TODAY INCOME TAX SITE IS NOT WORKING ANY OFFICIAL EXTENSION
- HOUSING LOAN ISSUE
- Carriage Road Act, 2007 read with Carriage by Road Rules, 2011
- Sec 44ada applicable only or both
- IS AUDIT MANDATORY IF COMMISSION INCOME IS MORE THAN 50 LAKH
- GST Rate for Catering Services
- Same demand raised for original as well as rectification request return
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
