Tax Planning - Here , this picture illustrates section 80 TTA , - TopicsExpress

Tax Planning - Here , this picture illustrates section 80 TTA , where the assesse takes benefit of the section deduction ( benefit ) of interest on savings account until 10000 Rs The applicant puts saving bank account 50000 Rs in income from other heads and then uses the deductions under Chapter VI A -i.e section 80 TTA to benefit of deduction( tax benefit ) available of 10000 Rs Note , that no such benefit is available to FD interest income Hope the picture helps illustrate This concept Peace.... Amlan Dutta

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