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Deduction u/s 80tta

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09 May 2015 If interest earned from saving a/c is Rs 20000 than the whole amt will be taxable or only Rs 10000 i.e after deduction of 10000(20000-10000) will be taxable???

09 May 2015 The whole amount will be shown as taxable and will be included in the Gross Ttoal Income (GTI).
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From GTI Rs. 10000/ deduction U/s 80TTA will be claimed .
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