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Saving bank interest

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(Querist)
11 January 2013 as normal.. saving account interest is taxable and it is added in total income ...

but i have a doubt.. i read somewhere that it is taxable in excess of 10000 only.. it means if total interest from various banks is less than 10000 then it wl not b added in total income... if it is more than 10000 then only difference wl be added...

please confirm me this provision..
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CA Chandra Kishore Bajpai

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CA Chandra Kishore Bajpai (Expert)
11 January 2013 yes , amount in excess of 10000 would be taxable
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anurag

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anurag (Expert)
12 January 2013 Yes u/s 80TTA,
however take care that it is applicable from AY 2013-14.
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