IF I FORGOT TO TAKE RS. 40 BANK INTEREST AMOUNT OF F.Y.2015-16 WHAT SHOULD I DO?
CAN I ADD THAT AMOUNT IN 2016-17 RETURN
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BANK INTEREST
Replies (4)
It's not compulsory to take because it's exemption up-to Rs. 10,000/- under section 80 TTA
As per personal opinion, you can revise your return . or section 80TTA available in which you get 10000 rs of interest deduction available .
You not to have worry about that.
it is my personal opinion, if anybody have different view then views are welcome. thanks. Disclaimer: it is not Professional Advice.
You not to have worry about that.
it is my personal opinion, if anybody have different view then views are welcome. thanks. Disclaimer: it is not Professional Advice.
Thank You very much for reply both of you
Dear Sandip Ji
Interest on Saving A/c upto Rs 10000 is exempt from tax. Hence no need to worry about your unintentional mistake to not disclosing Rs 40 in your ITR.
I think you should not revise your return as Rs 40 is not a material amount.
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