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Tax rebate for interest on p.o. seniorcitizen savings scheme deposit

Tax queries 289 views 4 replies
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administration
137 Points Posted on 15 August 2019

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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On 15 August 2019 at 22:39 Report
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17264 Points Posted on 15 August 2019
Not eligible under 80TTB
101 Reply
On 15 August 2019 at 22:59
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12244 Points Posted on 16 August 2019
it's eligible but from a. y 2019-20
35 Reply
On 16 August 2019 at 00:56
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intermediate
304 Points Posted on 16 August 2019
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
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On 16 August 2019 at 08:38
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160 Points Posted on 17 August 2019
Mr.praveen is correct.
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On 17 August 2019 at 09:56


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