The question states that assessee is 61, hence a senior citizen, and profit and loss account says income from FDs 1,08,000, but suggested answers show no deduction u/s 80TTB for intrest on FDs, questi

Question

Hairiya · Answer

In this question 80TTB deduction is deducted "based on the assumption" that the Interest on FD is taken from Bank, CO operative Bank or Post office. Institute did like that as they took an assumption that it's not from Bank and post office Both the answers are correct

Tushar · Answer

Bhai default regime me thodi availabe hai 80 TTB agr optional se calculate krege to 80TTB milegi

Jethva · Answer

That is right answer in MTP suggested answers .No deductions interest on FD . deduction only for interest received on saving bank account then 80TTA and 80TTB is applicable for deduction

The question states that assessee is 61, hence a senior citizen, and profit and loss account says income from FDs 1,08,000, but suggested answers show no deduction u/s 80TTB for intrest on FDs, questi

3 answers

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