Clarifications about sec 80tta

PRIYA KUMARI RANJAN (Finance Officer) (34 Points)

27 June 2013  

Friends

Is interest income on FD for persons having no other income except income under the head salaries and interest income liable to be deducted u/s 80 TTA? Actually the original sec as inserted to the Act, does ot allow this. I want to know about the further amendments, if any.