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80L Provision

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In which section the provision of 80L is merged after ommision of section 80L ????
Replies (6)

80TTA/80TTB

Thank you sir

Most welcome

sir if a assessee is earned income from interest on saving bank account for the A.Y. 2012-13 then assessee is eligible for deduction under chapter 6-A.

No deduction for interest on saving bank account under section 80L is admissible from A.Y. 2006-07, as it is omitted vide Finance Act, 2005, w.e.f. 1-4-2006.

thank you sir


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