U/s 80tta

CA CS Roshan Begrajka (Chartered Accountants) (267 Points)

11 July 2013  

u/s 80TTA, interest on savings A/c is deducted a maximum amount i.e. restricted to 10000/-

my query is interest is deductible 1) on total interest received on savings account

2) total interest-Bank charges= net amount is deducted u/s 80TTA

rply