CBDT press release on recent searches in Indore, Delhi & Goa
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Posts tagged "80TTB"
Interest on Bank Deposits & eligibility for deduction u/s 80TTA Vs. 80TTB
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 on deposits in savings account.
80TTA. (1) Where the gross total income of an assessee, being an ...
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Differential Tax Treatment of Interest on Bank FDR – Senior vs. Non senior Citizens
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, includes any income by way of interest on deposits (not being time deposits) in a ...
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Rs. 50,000/- benefit to Senior Citizens include FDR Interest also?
senior citizen benefits
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 on deposits in savings account.
80TTA. (1) Where the gross total income of an assessee, ...
Read More