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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,...