Tag Archives: Section 80TTB

Section 80TTB Income Tax : Deduction of Rs 50000 to senior citizen from AY 2019-20

By | April 16, 2019

Section 80TTB Income Tax Video Explanation of Section 80TTB Higher Deduction in respect of interest income to senior citizen under Section 80TTB of Income Tax Act At present, a deduction upto Rs 10,000/- is allowed under section 80TTA to an assessee in respect of interest income from savings account. Finance Act 2018 inserted a new section… Read More »