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)
Menu
80ttb deduction
Replies (3)
Yes to both.
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
Yes, section 80TTB is applicable for FY 2018-19, but for senior citizens only.
Recent Topic
- Query for practicing CAs — how does your fir
- Treatment of NPS arrears in form 10E / ITR
- Sale of shares from non resident
- SEC 10(10CC) - TAX PAID BY EMPLOYER ON NON-MONETAR
- Buy back of shares
- Capital gain and federal tax withholding
- TIS amount
- Reimbursed income
- Bricks Klin
- Compile error in hidden module: Sheet1. (ITR 5 exc
Related Topics
CAclubindia
