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Can we claim interest on tax refund under 80tta

Tax queries 451 views 3 replies

Can I claim the interest on tax refund under section 80TTA? (I recevied about 1000 INR in interest and since 80TTA allows upto 10,000INR in savings interest, wondering if I can skip paying tax for the same).

Replies (3)

No you cannot it is for savings bank interest

The savings account sholud be with a

1- Bank

2 - Post office

Thanks for the details. I will claim the excemption only for my bank savings interest.


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