Section 80TTA

By |2020-03-16T10:33:51+00:00April 3rd, 2019|Categories: Deductions|Tags: , , , , , , , , |

What is Section 80TTA? This Section was launched under the Finance Bill of 2013 and shifts appropriately from the Financial Year of 2012-13 onward. The Income Tax Act under Section 80TTA enables you to declare deductions on savings accounts deposits. The section offers a decrease of the amount on savings account interest up to Rs 10,000 every [...]