Int on refund


This query is : Resolved 

(Querist)
09 October 2013 is int on refund can be claim deduction u/s 80TTA

Arun Biyani (Expert)
09 October 2013 No.. only interest on saving bank account..

09 October 2013 No,, only inerest received from saving bank account can be claimed as exemption u/s 80TTA subjec to maximum of Rs.10000

09 October 2013 Income Tax Deduction in respect of interest on deposits in savings account under Section 80TTA of Income Tax Act, 1961..

As interest on refund is not eligible...


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