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Querist : Anonymous

Querist : Anonymous (Querist)

16 July 2014 Hi clear me, my query is that in my 26AS form showing 2 saving bank income, in first earning interest income 20000 and tax 2000 and in second 13000 and tax 1300.so plz tell during file itr -1 , what I should fill in the column of "income from other source" 33000 thousands or 43000 thousands .bcz uoto 10000 thousand interest is exempted.and I should fill 10000 in 80tta column under chapter vi A or not.pls give a brief..

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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16 July 2014 TDs is never deducted on Savings Bank intetest. So the TDS must have been deducted on FD Interest.

Show the actual amount of interest and TDS deducted in ITR.

80TTA deduction is available only for savings bank interest and not on fixed deposit interest.

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