Saving bank interest receipt

This query is : Resolved

TARIQUE RIZVI (Querist)
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04 March 2015 For Ay 2014-15 I have to file ITR-4-S of my client. Saving Bank Interest Receipt in his saving bank account is as of Rs 12,334/= . Where to be shown this income in ITR-4-S ? As in which section the deduction of saving bank interest has to be claimed and what is the permissible limit ? Please guide me and oblige.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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04 March 2015 Claim deduction u/s 80TTA. Deduction available = Actual or Rs 10000/- whichever is lower.

CA ANILKUMAR B.COM FCA DISA

CA ANILKUMAR B.COM FCA DISA (Querist)
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04 March 2015 This should be shown under income from other sources and claim 10000 under section 80TTA

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