Menu
Interest on FD
Does interest on FD comes under 80TTA?
Replies (4)
Quick Summary
No, FD is specifically excluded from the section
No, Deduction under section 80TTA covers only interest from saving bank accounts, not FD.
Interest from FD is covered under section 80TTB, but Deduction u/s 80TTB is allowed only to senior citizens
Interest from FD is covered under section 80TTB, but Deduction u/s 80TTB is allowed only to senior citizens
Interest from Savings bank account comes under 80TTA.
No only saving account interest comes under 80TTA
Recent Topics :
- Bank balance in ITR-3
- INCLUDING PROFITS FROM REIT / INVIT IN SHARE TRADI
- Tempsens Instruments IPO GMP Allotment Listing dat
- Upload Type - Correction. Not showing in TDS filli
- Partnership tax audit query
- ERROR SHOWING PARTNER REMUNERATION ITR 3 TIME OF V
- Form 146 foreign remittance us citizen
- GST 16(2) notice
- Which GSTR-1 upload error do you hit most often?
- Need advice regarding accounting fees
Related Topics :
CAclubindia
