Sec 80 tta and pomis account

Tax queries 973 views 6 replies

IS interest on POMIS account -Postoffice Monthly Interest Scheme eligible for sec 80 TTA deduction?

Replies (6)
Originally posted by : srividyaa
IS interest on POMIS account -Postoffice Monthly Interest Scheme eligible for sec 80 TTA deduction?

No. Deduction u/s 80TTA is available for interest from savings bank account with a post office.

PO-MIS is not a saving account. Not eligible for 80TTA.

Agree wid mihir.........

Thank u all..

agreed with above discussion

P.o s.b a/c int.? Will it come under 80 TTA


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