I want to know whether Sweep A/c linked to a Savings Bank A/c is a Fixed Deposit Type or Savings type and can the interest earned on such Sweep balance credited to Savings Account (non-TDS deductable) be allowabe as deduction u/s 80TTA...?
Santanu Agrawal (Article) (79 Points)
27 May 2014I want to know whether Sweep A/c linked to a Savings Bank A/c is a Fixed Deposit Type or Savings type and can the interest earned on such Sweep balance credited to Savings Account (non-TDS deductable) be allowabe as deduction u/s 80TTA...?
Tribhuvan Aditya Singh
(Student as well as Self-employed)
(3710 Points)
Replied 27 May 2014
Tribhuvan Aditya Singh
(Student as well as Self-employed)
(3710 Points)
Replied 28 May 2014
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