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Section 80 TTA Of Income Tax Act: How To Claim Your Deductions? All You Need To Know
Despite this, there are provisions for deductions under the tax regimes. Notably, Section 80TTA, part of the old tax regime, offers tax deductions on interest income from savings accounts.
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Tax Deduction on Savings Account: Get Tax Exemption While Filing ITR
Tax Exemption Under Section 80TTA As per Section 80TTA of the Income Tax Act, individuals can claim tax exemption on interest earned from savings accounts. While filing your Income Tax Return (ITR ...