Menu
senior citizens account
interest and amount of senior citizen account is fully exempted or not.
Replies (2)
under section 80ttb deduction interest upto rs 50000 is allowed
80TTB is from 1-4-2019 and Rs 50000 includes SB interest also. Separate deduction under 80TTA for SB interest is not available to senior citizens from 1-4-2019 as the words "assessed other than assessee under 80TTB" are included in 80TTA from 1-4-2019.
Recent Topic
- Unable pay Self Assessment Tax - Netbanking and De
- Section 192 2(b) entry in IT return ITR 1
- Rent from redevelopment property
- How to find FMV of inherited gold after selling it
- Happy CA Day!!
- Share your proudest CA moment 🏆
- Gift recd from brother
- How to show Loan write off in DPT 3?
- Form 10E and Salary arrear
- LTCG U/S 54F. Sale of property plus sale of share
Related Topics
CAclubindia
