80dd and saving bank interest deductions
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 April 2018
Finance Act, 2018 provide eligible deduction up to 50k for senior citizen for Interest on FDR. I want to know, can Sr. Citizen claim claim such deduction under Saving interest.
second is, Heart Sergey expenditure eligible for claim u/s 80DD.
second is, Heart Sergey expenditure eligible for claim u/s 80DD.
Anmol Davesar
(Expert)
28 April 2018
With an introduction of Section 80TTB exclusively for senior citizens, deduction under Section 80TTA is not available to senior citizens.
heart surgery doesnt come under the disability factors given under tax act. other experts answers are also welcome.
heart surgery doesnt come under the disability factors given under tax act. other experts answers are also welcome.
Nikhil Kaushik
(Expert)
28 April 2018
80TTB includes both FD and saving interest.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Query on effect of registration of property
- Visiting card purchase
- GST on reimbursement of expenses
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Wrong CMPo8 file
- Equity Share Sale and Purchase
- Whether output tax is taken credit by purchaser
- Number of years as per AS amortisation of Goodwill
- Additional trade name
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Foriegn assets disclosure
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
