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Section 80TTA of Income Tax Act – All you need to know | #income Tax Return #section 80TTA Income Tax Act #income Tax Consultation #income Tax #taxes #finance

Section 80TTA of Income Tax Act – All you need to know

Section 80TTA of the Income Tax Act allows individuals to claim a deduction of up to ₹10,000 on interest earned from savings accounts in banks, post offices, and cooperative societies. This benefit is over and above the ₹1.5 lakh limit under Section 80C.

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TaxHelpdesk is one of the best online tax filing services in India. Our objective is to help millions of Indian businesses and individuals simplify their filings with tax authorities, which will result in saving money and time. We are a technology driven firm that creates reliable, helpful, and intelligent platforms for our clients to manage their finances and strengthen their financial relationships. Not only this, we strive to make your GST and Income tax filing a smooth process.

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