Pension persons Standard Deductions applicable or not

This query is : Resolved 

25 July 2022 Sir/Mam,

Retiring Person Receiving Pension , in this pension standard deduction applicable or not

80TTA Senior Citizen How much Deduction .

Plz clarify my doubts

Thanking you,

25 July 2022 If pension received every month from ex-employer or annuity from pension fund, it is eligible for standard deduction.
For senior citizen sec. 80TTB is applicable with deduction limit upto Rs. 50,000/-

25 July 2022 Thank you Sir for your reply

25 July 2022 You are welcome..


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