Curiosity earned on balances in financial savings accounts held with banks or put up workplaces is taxable underneath “Earnings from different sources”. Do you know that you would be able to really save this tax to an extent?
Tax Saving | tax saving schemes | tax
What’s Part 80 TTA? Which accounts are included? That are excluded? What is the most deduction? Are you obligated to reveal Curiosity earned on steadiness maintained in Financial savings Checking account? What would be the penalties of not reporting the curiosity earnings earned on steadiness maintained in financial savings checking account?
On this podcast, we answered all of those and extra
First Printed: Fri, February 26 2021. 16:06 IST