Intrest from sb a/c
This query is : Resolved
Ganesan Chandramouli
(Querist)
21 July 2012
for FY2011-2012/AY2012-2013
Should I include intrest from SB a/c in Income from other source-under Intrest Income?
Should I include intrest from SB a/c in Income from other source-under Intrest Income?
SANYAM ARORA
(Expert)
22 July 2012
If it has crossed the Tds Limit i.e 10,000 P.A them you can consider it and claim Input on it otherwise no need.
Nischit Sanghavi
(Expert)
23 July 2012
I am agree with Mr. Sanyam. But it is applicable from F.Y.2012-13. So for the last year you have to shown Interest under IFOS.
01 July 2013
Yes you have to and the expert is quite correct I agree with him
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