Interest Deduction of Rs 10,000 for Individuals & HUF Only !

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Budget 2012-13 has brought back the old and deleted deduction section Section 80L of the Income Tax Act which used to lower the total income as far as interest income was concerned ,  in form of Section 80TTA  which allows Individuals and HUF a maximum deduction of Rs 10,000 from interest earned on savings account....