80 TTA and 80 TTB

Tax savings on Interest income – 80 TTA and 80 TTB

Posted Leave a commentPosted in Income Tax, Income Tax Return, Investments

As per the Income Tax Act, 1961, various exemptions and deductions are available to the income taxpayers to provide relief from the tax. Similarly, Tax savings on Interest income under section 80 TTA & 80 TTB provides relief on Interest income. The eligible assessee can claim the deductions while filing their Income-tax return. This article […]