Interest on deposits of senior citizen
Pandurangarao Madiraju (16 Points)
12 March 2019Pandurangarao Madiraju (16 Points)
12 March 2019
Anil Kotak
(student)
(309 Points)
Replied 12 March 2019
Yes. it includes all interest income from bank deposits, postal deposits and savings bank interest.
shailendra shukla
(Bhopal)
(1741 Points)
Replied 13 March 2019
venkata krishna reddy
(chartered accountant)
(792 Points)
Replied 13 March 2019
YES, UNDER 80TTB ALL DEPOSITS
Dip Narayan
(Deputy Manager)
(776 Points)
Replied 13 March 2019
How? If Sr Citizen avails 80TTB then he is not eligible to claim deduction under 80TTA.
shailendra shukla
(Bhopal)
(1741 Points)
Replied 13 March 2019
venkata krishna reddy
(chartered accountant)
(792 Points)
Replied 18 March 2019
Originally posted by : shailendra shukla | ||
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With the introduction of Section 80TTB exclusively for senior citizens, deductions under Section 80TTA is not available to senior citizens. | ![]() |
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