80TTA section

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10 Points Posted on 08 April 2021
upto what amount saving
interest is deductible under 80c section
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On 08 April 2021 at 12:06 Report
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Quick Summary
Section 80TTA allows you to claim a deduction for interest earned on savings accounts, up to a maximum of £10,000 per financial year. This deduction is separate from the limit under Section 80C. To claim this benefit, you must declare your interest income under the 'income from other sources' head in your tax return.

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Chartered Accountant
24588 Points Posted on 08 April 2021
80TTA deduction can be claimed upto 10000 rupees interest
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On 08 April 2021 at 12:21
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2742 Points Posted on 08 April 2021
Saving interest can be claimed in 80tta upto 10000
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On 08 April 2021 at 14:47
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17269 Points Posted on 09 April 2021
10000/- maximum
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On 09 April 2021 at 10:13
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accountant
42 Points Posted on 10 April 2021
It is excluding of 80C limit. Maximum limit is 10,000/- u/s 80TTA however, you have to show interest income under the head income from other source.
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On 10 April 2021 at 19:46
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Chartered Accountant
24588 Points Posted on 11 April 2021
Upto 10000 rupees
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On 11 April 2021 at 06:07
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Chief Accountant
3150 Points Posted on 11 April 2021
Deductible u/s 80TTA up to Rs. 10,000, not under section 80C of Income tax act,1961
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On 11 April 2021 at 09:51
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2742 Points Posted on 11 April 2021
Upto 10000
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On 11 April 2021 at 09:53

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