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what is Section80TTB

Pratham Rai (1 Points)

11 August 2019

Can you explain Section 80TTB

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sundhar jkn (205 Points)
Replied 11 August 2019

It is special exemption only to senior citizen. Senior citizens can claim interest exemption up to 50,000. It is applicable to both savings bank interest and deposit interest like FD and RD

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rama krishnan (12239 Points)
Replied 11 August 2019

concur with Mr sundar

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Rohika PS (student) (263 Points)
Replied 11 August 2019

senior citizen can avail the deduction u/s80TTB both saving & Fd intrest

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Kapadia Pravin (17259 Points)
Replied 11 August 2019

80TTB is also for Post office SB FD interest

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