Tag: 80TTA
Interest on Bank Deposits & eligibility for deduction u/s 80TTA Vs....
Presently, section 80TTA provides Rs 10,000/- deduction to all individual/HUF taxpayers.
Section 80TTA of the Income Tax Act-1961 reads as under:
Deduction in respect of interest...
Differential Tax Treatment of Interest on Bank FDR – Senior vs....
Deduction in respect of interest on deposits in savings account.
Section 80TTA: (1)Where the gross total income of an assessee, being an individual or a HUF,...