80IAB deduction

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9 Points Joined September 2017
FD interest earned by the assessee from bank is eligible for deduction under this section?
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On 30 October 2019 at 14:54 Report
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audit manager
453 Points Joined May 2017
80IAB

Deductions in respect of profits and gains by an undertaking or enterprise engaged in development of Special Economic Zone.




FD interest received by senior citizen is exempt u/s 80TTB
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On 30 October 2019 at 22:28
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9 Points Joined September 2017
Thanks for your response, the question is interest on fd earned by SEZ units whether allowable?
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On 31 October 2019 at 09:32


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