IS interest on POMIS account -Postoffice Monthly Interest Scheme eligible for sec 80 TTA deduction?
IS interest on POMIS account -Postoffice Monthly Interest Scheme eligible for sec 80 TTA deduction?
| Originally posted by : srividyaa | ||
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IS interest on POMIS account -Postoffice Monthly Interest Scheme eligible for sec 80 TTA deduction? |  |
No. Deduction u/s 80TTA is available for interest from savings bank account with a post office.
PO-MIS is not a saving account. Not eligible for 80TTA.
Thank u all..
agreed with above discussion
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