What is Income Tax Section 80TTA here know how you can save tax under it
Zee Business Video Team | Updated: June 9, 2022 09:42 PM IST
What is Income Tax Section 80TTA: According to section 80TTA, you can claim a deduction of up to Rs. 10,000. Interest earned from fixed deposits, recurring deposits, RBI taxable bonds etc. are fully taxable in the hands of an individual. Thus, one must report the correct amount in ITR and pay taxes accordingly.
