80L Provision
aman tak (39 Points)
06 August 2019
In which section the provision of 80L is merged after ommision of section 80L ????
6 Replies
aman tak
(39 Points)
Replied 07 August 2019
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.
Kamal Verma
(Financial advisor)
(589 Points)
Replied 08 August 2019
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.
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