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Savings bank interest
sir, whether savings bank interest deduction ( maximum 10000/-) is allowable u/s 80 TTA in the case of senior citizen.? Kindly confirm. Please.
Replies (2)
New section 80 TTB of the Income Tax act 1961 for senior Citizen was inserted by the Finance act 2018 . w.e.f 1/4/2019 ,so please refer section 80 TTB .
Section 80TTA doesn't apply to senior citizens after introduction of 80TTB.
Senior citizens can not take benefit of 80TTA at all.
Senior citizens can not take benefit of 80TTA at all.
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