Can we claim 80TTA for interest received from treasury savings bank a/c?
Menu
80tta
Replies (2)
Deduction under section 80TTA is available in respect of any income (Interest on SB A/c) by the way of deposits in a saving account with :
1. Bank
2. Co-Op society engage in banking business
3. Post Office
So it means that interest received from treasury savings bank is not eligible for deduction u/s 80TTA. Thanks.
Recent Topics :
- CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
- E-waybill
- Sell of CAFC books
- ITC ON RENT
- GSTR-9 Table 8A Portal and Excel Issues
- IGST on Commercial Rental Income (Different State)
- Revocation of suo moto cancelled GST registration
- Is there any faculty taking chapterwise test in CA
- Late Fees and Interest
- HDFC Bank’s Bureaucracy: The Nightmare of Fl
Related Topics :
CAclubindia
