Hi Friends,
today when i was visiting http://law.incometaxindia.gov.in/DIT/Xtras/taxcalc.aspx , i was surprised to see that under deduction part, there is Interest on deposits in saving account (u/s 80TTA) .
if interest from saving a/c is more than 10000k, it is taxable. but if it is less then?
which interest on deposits? plz clear my confusion.
thanks…
deepak