Post office sb interest exemption under section 10(15)

I hope there is exemption upto Rs.3500 exist under section 10(15) for sb interest from post office saving account.
do we need to show it under exempt income upto Rs.3500/- and if it exceeds 3500 then amount in excess of 3500 added to income from other sources. correct me if this understanding is wrong.
Replies (3)
Quick Summary
This discussion clarifies the tax exemption for interest earned on Post Office savings accounts under Section 10(15). The general understanding is that interest up to £3,500 is exempt from tax. If the interest earned exceeds this amount, only the portion above £3,500 needs to be declared as income from other sources.

Yes, your assumptions are correct.  

Thanks for the reply sir

You are welcome.             

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