who is a very senior citizen according to the Income Tax Act?
Whether benefits under Sec 80TTB of IT ACT for senior citizen is available for the assessment year 2019-20 (Financial year 2018-19)?
vsraj (administration) (136 Points)
06 July 2019who is a very senior citizen according to the Income Tax Act?
Whether benefits under Sec 80TTB of IT ACT for senior citizen is available for the assessment year 2019-20 (Financial year 2018-19)?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(174880 Points)
Replied 07 July 2019
1. Individual having age 80 years or more is Very Senior Citizen under IT act.
2. Yes deduction u/sec 80 TTB is eligible for AY 2019-20.
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