Saving bank interest receipt
This query is : Resolved
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.
04 March 2015
Claim deduction u/s 80TTA. Deduction available = Actual or Rs 10000/- whichever is lower.
04 March 2015
This should be shown under income from other sources and claim 10000 under section 80TTA
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
- About TDS & Income Tax
- Tax on Deemed Capital Gain
- Scrutiny and reopening of past returns
- F & O PROFIT REPORTING FOR AY 2026-27
- Booth for sales promotion
- Type of Capital Gain
- Regarding ITR filing with more value than showing in AIS/TIS
- ASMT-10 received from A O
- Rental income of jointly held property
- Accounting with Claude
- Difff in ais receipts and gst turnover
- ITR-3 File/Error Found
- Exiting partner in partnership firm in gst portal
- Taxability of credit in canara bank ET & T section (NRO)
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
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
