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87tta

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(Querist)
29 August 2015 Sir u/s 87TTA exemption is include or exclude in Rs 150000/-
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Amol S Joglekar

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Amol S Joglekar (Expert)
29 August 2015 which is this section 87 TTA?

is it 80 TTA or 87A?
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
30 August 2015 80TTA exemption of Rs 10000/- for Saving Bank interest is in addition to Rs 1.5 Lacs u/s 80C. Actual Saving bank interest or Rs 10000/- whichever is lower is allowed as deduction u/s 80TTA.




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