10 (15)

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incometex
Replies (3)
what is query ? , please elaborate .
interest income arising to certain persons [section 10(15)]
(i) interest on post office savings bank account exempted from tax up-to actuall or
- RS 3,500 in case of an individual account
- RS 7,000 in case of a joint account
which ever is lower
# for further information please reply
If the income from post office savings from 2 branches i.e. 20000 and 10000 can I claim 3500/- u/s 10(15) twice???


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