Int on saving ac

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10 Points Posted on 08 April 2021
upto what amount interest earned from savings bank account is not taxable
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On 08 April 2021 at 12:05 Report
Replies (9)
Quick Summary
Interest earned on savings bank accounts is tax-deductible up to a limit of £10,000 per financial year. This deduction is available under Section 80TTA of the Income Tax Act. Therefore, you can earn up to £10,000 in interest from your savings account without it being subject to income tax.

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Chartered Accountant
24588 Points Posted on 08 April 2021
Interest from savings account will be claimed deduction upto 10000 rupees u/s 80TTA
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On 08 April 2021 at 12:21
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taxpracticing
269 Points Posted on 08 April 2021
Upto rs 10000
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On 08 April 2021 at 12:21
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Chartered Accountant
24588 Points Posted on 08 April 2021
Interest from savings account will be claimed deduction upto 10000 rupees u/s 80TTA
Reply
On 08 April 2021 at 12:21
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taxpracticing
269 Points Posted on 08 April 2021
Upto rs 10000
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On 08 April 2021 at 12:22
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Chartered Accountant
24588 Points Posted on 08 April 2021
Interest from savings account will be claimed deduction upto 10000 rupees u/s 80TTA
Reply
On 08 April 2021 at 12:22
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taxpracticing
269 Points Posted on 08 April 2021
Upto rs 10000
Reply
On 08 April 2021 at 12:22
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Chartered Accountant
24588 Points Posted on 08 April 2021
Interest from savings account will be claimed deduction upto 10000 rupees u/s 80TTA
Reply
On 08 April 2021 at 12:22
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taxpracticing
269 Points Posted on 08 April 2021
Upto rs 10000
Reply
On 08 April 2021 at 12:22
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accountant gstp
45 Points Posted on 09 April 2021
Up to 10000
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On 09 April 2021 at 21:32

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