Life insurance exemption and saving bank interest
This query is : Resolved
11 June 2013
DEAR SIR,
I am going to file ITR for AY 2010-11, 2011-12, request please advise
1. Is interest earned in saving bank is taxable.
2. How much(%) exemption I can take on premium paid for life insurance.
thanks
I am going to file ITR for AY 2010-11, 2011-12, request please advise
1. Is interest earned in saving bank is taxable.
2. How much(%) exemption I can take on premium paid for life insurance.
thanks
11 June 2013
Belated return u/s.139(4) can be filed only with in 1 year from the end of relevant assessment year. so both assessment year time is barred now. you cannot file now
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
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Liable to deduct tds and 44ADA
- TDS Challan Code
- Refund of 20%pre-deposit paid for stay application
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- Relief u/s Section 89
- Rent lease agreement
- Supply through E-commerce Operators
- STCG on ETF gold & silver
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
