- The deduction is (Rs. 10,000.00) in aggregate to an assessee.
- The deduction should be claimed in return.
- There is no limit of SB accounts having an assessee in previous year.
- This deduction is not available to those assessees who held a SB accounts on behalf of a firm, an AOP, a BOI etc.
Monday, 11 March 2013
HOW MUCH INTEREST ON SAVING ACCOUNT IS EXEMPT FROM INCOME TAX FOR ASSESSMENT YEAR 2013-2014 ?