Exemption on interest on savings u/s 80ttb

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1 Points Joined March 2019
is interest on savings u/s 80ttb upto Es. 50000 allowed in financial year 2018-19 for senior citizens
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On 01 April 2019 at 18:40 Report
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Assistant Professor
571 Points Joined September 2017
yes
senior citizen can claim ded u/s 80TTB upto rs 50000 on saving, fd Rd account deposits . but remember he/she cannot claim ded u/s 80TTA Too.
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On 01 April 2019 at 19:24
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"Do the Right Thing...!!!"
128147 Points Joined January 2015
Yes... I agreed to Mr Pratik Surve....


U/s 80ttb senior citizen can be claim Rs 50k on FD, RD & SB interest. If it's it's claimed then sec 80tta not available...
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On 01 April 2019 at 21:40
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344 Points Joined May 2017
Yes senior citizen can take provided he is a resident senior citizen deduction under 80ttb for the above purpose
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On 06 April 2019 at 23:48
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other
317 Points Joined February 2019

For senior citizen he can avail the said deduction u/s. 80TTB, but not u/s. 80TTA.

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On 07 April 2019 at 08:59


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