Deduction under section 80 tta

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(Querist)


18 January 2013

Dear sir
the deduction of rs. 10000 on saving bank interest is inclusive of post office saving interest or deduction earlier available is also available ?


CMA Ramesh Krishnan (Expert)


18 January 2013

Yes. Sec.80TTA deduction available for interest received from Post office savings also


GIRIRAJ (Querist)


18 January 2013

I want to ask that all saving interest inclusive of post office is in 10000 limit or its 10000 + post office interest( rs. 3500/- )


@VaibhavJ (Expert)


18 January 2013

Hey

Total limit is of 10000 for interest from all sources.

Thanks!!



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