ಬ್ಯಾಂಕ್ ಖಾತೆಗೆ 12 ತಿಂಗಳಲ್ಲಿ ಇಷ್ಟು ಹಣ ಬಂದ್ರೆ ಟ್ಯಾಕ್ಸ್ ನೋಟಿಸ್| ಕೇಂದ್ರದ ಆದೇಶ| Income Tax Notice|

1-Year Savings Account Interest Rules & Income Tax Notices | Banks & I-T Alerts ⸻ Description: Learn everything you need to know about interest earned from savings accounts in India over a 1‑year period, including: • How interest is taxed under “Income from Other Sources” • Deductions available via Sections 80TTA (₹10,000) and 80TTB (₹50,000) • When banks issue TDS (none on savings, but on FD interest if above thresholds) • What triggers income-tax notices—like cash deposits over ₹10 lakh in a year • How to respond to notices and avoid penalties Perfect for account holders, senior citizens, and anyone wanting to stay tax-compliant with their bank savings. ⸻ Keywords: 1 year savings account interest tax rules tax on interest from savings account India Section 80TTA deduction Section 80TTB senior citizen interest savings account TDS rules India savings interest income tax slab cash deposits over 10 lakh notice how to avoid I-T notice savings account FD TDS vs savings interest Form 15H 15G avoid TDS savings account interest slab income tax notice cash deposits bank interest tax return rules savings interest Karnataka users ⸻ Hashtags: #SavingsInterestTax #IncomeTaxRules #Section80TTA #Section80TTB #AvoidITNotices #CashDepositRules #BankInterestTax #SeniorCitizenBenefits #15G15HTaxes #SavingsAccountTips