Tax exempt income

First check 26AS to know the amount of TDS deducted on different incomes earned by you by logging on to your income tax account. If any TDS deducted, demand the Form 16 from employer if TDS deducted from salary & Form 16A from bank if TDS deducted from interest on FD & RD. Take the incomes from salary & interest on FD  / RD as mentioned in these Forms. In case, no TDS has been deducted take your taxable salary income & interest from FD porportionately from FD certificate which u got & RD interest from passbook during the period 1-4-2013 to 31-3-2014 for A.Y. 2014-15. Besides, u can show ur any other income which u wud lyk 2 & claim deductions u/s-80C to 8U, if any also while filing ur ITR. And i think u r asking for slab rate exemption (below 60 yrs) which is as follows:

Upto total income of Rs. 2 lakhs : NIL

From 2 lakhs to 5 lakhs : 10%

From 5 lakhs to 10 lakhs : 20%

Above 10 lakhs : 30%

Moreover it is mandatory to file ITR manually or by e-filing, if ur GTI > 2 lakhs. E-filing is mandatory if ur total income exceeds 5 lakhs.

You can also claim rebate u/s-87A max. upto Rs.2000 if ur total income doesn't exceeds 5 lakhs.

Lastly, I would lyk 2 advice u to take the help of a professional or a knowledgeable person to file ur ITR if u have any doubts or not fully confident for avoiding any mistakes.

Dear Stranger. thank u for reply.

another query that I am having is suppose I have FD for fixed term of 1.5years than how am I reqired to calculate that earing on yearly basis??

Also If my recurring is from Nov to Nov for 1 year that how calculate the earnings from interest???

As far as ur FD is concerned just calculate interest proportionately during the period 1-4-2013 to 31-3-2014. Like u made FD of Rs.1 lakh on 1-7-2013 for 1.5 yrs (i.. maturity date is 31-12-2014) & ur FD  certificate showing amount to be received after 18 months Rs.1,12,000/- (suppose) then ur FD interest will be Rs.6,000/- [12,000*(9/18)]. And for RD as i said earlier plz refer to ur passbook interest entry during 1-4-2013 to 31-3-2014.

Hope ur doubt is cleared now.