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Regarding section 80tta

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(Querist)
15 July 2014
Whether interest received on compulsorily cumulative deposits in Bank Employees Credit Co-operative society is eligible to claim deduction under section 80TTA of income Tax act
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
15 July 2014 No. Only savings bank account interest is eligible for deduction u/s 80TTA.

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