Can a senior Citizen can Claim Deduction u/s 80TTB for following Interest Earned?
1. MIP with post office.
2. Senior Citizen Saving Scheme (SCSS)
3 Replies
Sahil Jain (FAFD, DISA, CA)
(Practicing Chartered Accountant )
(2476 Points)
Replied 25 March 2019
Yes you can claim deduction for both the interest earned.
However note that this section comes in effect from 1st April, 2019
However note that this section comes in effect from 1st April, 2019
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(195552 Points)
Replied 25 March 2019
Yes, section 80TTB is applicable for FY 2018-19, but for senior citizens only.
Recent Topics
- Loan from father
- Chnging regime from Form 16 issue regime while fil
- Short Term Capital Gains on equity transactions
- CA required for partnership
- 17-18 - Interest Notice received in Section 75(12)
- Gst correction
- GSTR-1 Export Invoice - Partial Payment Query
- To Make the correction in spelling of Profile use
- Capital Gain Query on Resdential Propery
- How 87A rebase works
Related Threads
Trending Online Classes
-
Certification Course on GSTR-3B Reconciliation with GSTR-2B through AI Tools
CA Deepak Gupta15 July 2025
CAclubindia
