Sec 80 tta

Tax planning 485 views 3 replies

Sec 80 TTA (Rs.10,000 deduction for Interest on Bank Savings A/c) is applicable from AY 2012-13 or from AY2013-14? It came in Finance Act 2012 ; but from which AY is it made applicable?

Replies (3)

Its wef AY 2013-14.

Let others also comment.

it is applicable for income earned wef 1/4/2012, i e., for AY 2013-14

Thank You Tony & Kunal Sir for your prompt replies.


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