Interest earned from the savings salary account during the fy 2012-13 is Rs 32,342.73 is taxable for caluculating tax
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Urgent plz help?
Replies (2)
yes
interest income on savings account above 10000 is taxable
Hello,
For the F.Y. 2012-13 you can take deduction u/s 80TTA for Interest income earned from Savings Bank Account upto Rs. 10,000/- .
Regards,
Yatrik Jobanputra
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