FY 2021-21 INCOME TAX NEW SCHEME FOLLOWING INCOME EXEMPTED OR NOT
1. PPF INTEREST
2. SENIOR CITIZEN INTEREST UPTO 50000.00
BURHANUDDIN (TAX ADVISER) (80 Points)
05 January 2021FY 2021-21 INCOME TAX NEW SCHEME FOLLOWING INCOME EXEMPTED OR NOT
1. PPF INTEREST
2. SENIOR CITIZEN INTEREST UPTO 50000.00
CA. Sourav Sarkar
(Chartered Accountant )
(24578 Points)
Replied 05 January 2021
ayusmita
(Tax consultant)
(5885 Points)
Replied 05 January 2021
Kapadia Pravin
(17249 Points)
Replied 07 January 2021
Spurto Consultancy Services
(Consultant)
(1891 Points)
Replied 07 January 2021
Want to correct our answer. PPFA interest will be exempt u/s 10 ut deduction u/s 80TTA/B will not be allowed under new scheme
Krishna Chaudhary
(Accountant)
(4531 Points)
Replied 08 January 2021
Kapadia Pravin
(17249 Points)
Replied 10 January 2021
debora M
(BUSINESS DEVELOPMENT MANAGER)
(1697 Points)
Replied 10 March 2021
Both are exempted. Sometimes it depends on the scheme selection
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