Is a Super Senior citizen Assessee entitled to claim full amount of Rs 50000 / on income by interest of bank deposit if she is pre deceased during middle of the Financial year ...
i.e pro rata applicability ? )
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Deduction under 80TTB
Replies (5)
No pro-rata basis. Full deduction allowed under old tax regime.
Thanks for your clarification.. this goes in line with my thinking also..
Deduction under SEC 80TTB
Savings bank interest+ FD interest= 50,000/- deduction under section 8TTB
You are welcome.
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