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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 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.