DEDUCTION OF RS 50000/- ON INTEREST ON BANK F./D FOR SENIOR CITIZENS FOR A/Y2019-20

Debojyoti Ray (59 Points)

29 August 2018  
Sir
I am a senior citizen and my yearly income is Rs- 1255000/- which includes Rs/- 55000 as BANK F/D INTEREST.Can I claim a deduction Of Rs 50000/- UNDER 80A for THE A-Y 2019'-20 in my income tax return.