For the Assessmet year 2019-20,- whether interest earned on Senior Citizen Savings Scheme (of Post Office) is eligible to get rebate u/s 80TTB ?
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Tax rebate for interest on p.o. seniorcitizen savings scheme deposit
Replies (4)
Not eligible under 80TTB
it's eligible but from a. y 2019-20
as per section 80ttb all interest earn on deposits whether in bank or post office it is eligible for 50000 deduction for senior citizen so as per my opinion yes it's eligible for 80 ttb
Mr.praveen is correct.
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