80tta

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103 Points Joined December 2013
what extent i claim deduction under section 80 tta
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On 26 March 2014 at 14:55 Report
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CA final student
129 Points Joined August 2013

Under Sec 80TTA deduction upto Rs 10,000 can be claimed.

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On 26 March 2014 at 15:03
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self practice
3005 Points Joined December 2009

80 TTA IS FOR INTEREST EARNED IN SAVING ACCOUNT WITH BANK , DEDUCTION IS AVAILABLE UPTO 10000/-

 

FOR MORE DETAILS CHECK https://law.incometaxindia.gov.in/DIT/Income-tax-acts.aspx

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On 26 March 2014 at 15:16
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article
103 Points Joined December 2013
Suppose sbh bank interest has Rs.4500 & axis bank interest has Rs.3000.so what amount i can claim deduction u/s 80tta.
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On 26 March 2014 at 15:22
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Head Of Department (Accounts & Finance)
1479 Points Joined March 2009
First put the amount in income from other sources 7500 and then in 80ttA 7500. I hope answer is clear. Regards
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On 26 March 2014 at 15:54
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Article
41 Points Joined August 2012
manoj mehta is correct regarding claiming of deduction under 80 tta
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On 26 March 2014 at 16:41
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assistant accounts manager
30 Points Joined February 2014
Yes, fellow freinds are correct.
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On 26 March 2014 at 17:36
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article
103 Points Joined December 2013
Thanks for yours reply
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On 26 March 2014 at 17:39
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articles assistant
26 Points Joined July 2012
Anybody plz tell is it also cover post office saving intt.?
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On 26 March 2014 at 21:38
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Managing Corporate Finance
1051 Points Joined March 2009
Hi Chetan.. Yup, Sec 80TTA covers post office saving interest also
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On 27 March 2014 at 00:01
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Student CA IPC / IPCC
32 Points Joined May 2013
In case of post office saving 3500 exemption also available
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On 27 March 2014 at 07:38
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NA
32 Points Joined August 2011
Interest earned to Rs 7500 or upto Rs 10000 which ever is lower can claim deduction.
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On 27 March 2014 at 09:11
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Practising CA
8944 Points Joined December 2013
80TTA is applicable only for individual and HUF. And deduction Up to Rs.10000 is available.
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On 27 March 2014 at 10:49
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student
21 Points Joined February 2014
Post saving interest is exempt it self upto 3500
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On 27 March 2014 at 13:30
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Article Assistant
27 Points Joined November 2011
Yes....post office interest is exempt upto Rs. 2500.
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On 27 March 2014 at 20:06


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