Sec.80TTA & 80TTB

Whether deduction of interest of Rs.10,000/- and Rs.50,000/- u/s 80 TTA and 80TTB are allowed for FY.2020-21?
Replies (2)
Quick Summary
This discussion clarifies the deductibility of interest income under Sections 80TTA and 80TTB of the Income Tax Act for the Financial Year 2020-21. It specifically addresses whether an individual resident can claim deductions of Rs. 10,000/- and Rs. 50,000/- respectively. The nature of the assessee is a key factor in determining eligibility.

Nature of assesse is pertinent.
Individual resident .

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
19 October 2026
Accountants/Articles (Freshers/Experienced)

ADY & CO.

New Delhi

Graduate (Any)

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details