Is interest on saving account taxable?

ITR 667 views 3 replies

 

Plz tell me whether the interest received on saving account is taxable or not? If yes under which head if ITR 4 is to be filed. Income from business is 287040/-, interest on saving account is 1258/-

Replies (3)

yes it is taxable u/h other sources...!

yes it is definetely taxable. i.e . it has to be added to total income

Thanks. Kindly tell me how to treat the amount withdrawn from ICICI pru pension policy and other ULIP plans. is this also taxable?


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register