80ttb deduction

Tax planning 307 views 3 replies

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)

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

Yes, section 80TTB is applicable for FY 2018-19, but for senior citizens only.


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