What is Income Tax Section 80TTA here know how you can save tax under it

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.

Updated on: June 09, 2022, 09.42 PM IST
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