Interest on investment

Keshav Kumar Saxena (Querist) 06 December 2008 This query is : Resolved
Please tell the maximum exemption limit of income from interest under Income Tax Act ?

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Adv.Shine Thomas (Expert) 09 December 2008
Interest in investments falls under sec 80L of the Income Tax Act can be exempted from tax upto Rs.15,000(2005-06).

rajesh garg (Expert) 27 January 2009
no any specified limits of taxable income under the head of interest income.

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