Section 80tta
This query is : Resolved
05 October 2012
As per section 80TTA deduction of upto 10000 is available for interest on bank deposits.
Is this applicable to interest from fixed deposits.
Is this applicable to interest from fixed deposits.
CA Ayush Agarwal
(Expert)
05 October 2012
No, Applicable Only on Pure Interest Income on Saving Accounts Only.
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