Anil Rego |377 Answers |Ask -Follow
Financial Planner - Answered on Nov 27, 2020
If any of your interest income is from Savings Bank interest, you can claim a deduction of Rs.10,000 under Section 80TTA. If savings bank interest income is less then Rs.10K, the entire interest will be your deduction. If your interest income is more than Rs.10K, your deduction is limited to Rs.1oK.
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