https://www.taxtmi.com/acts?id=16303 Deduction under Section 80TTA allows individuals and Hindu undivided families to deduct interest income from savings accounts with specified banks, cooperative banks or Post Offices when computing total income, subject to a statutory cap; time deposits are excluded and interest on accounts held by firms or associations is not deductible to partners or members. en-us Tue, 29 May 2012 12:05:46 +0530 Tue, 29 May 2012 12:05:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=16303 Deduction under Section 80TTA allows individuals and Hindu undivided families to deduct interest income from savings accounts with specified banks, cooperative banks or Post Offices when computing total income, subject to a statutory cap; time deposits are excluded and interest on accounts held by firms or associations is not deductible to partners or members. Act-Rules F. Acts / Amendment Acts Tue, 29 May 2012 12:05:46 +0530 https://www.taxtmi.com/acts?id=16303