https://www.taxtmi.com/circulars?id=59538 Section 80TTB, effective from 01.04.2019, allows a deduction for senior citizens for interest on deposits with specified banks, co-operative banking societies and Post Office accounts, subject to a prescribed cap and subject to exclusion where interest is derived from deposits held by or on behalf of firms, associations or bodies of individuals; partners or members of such entities are not eligible, and claiming this deduction excludes claiming the alternative interest-deduction provision. en-us Fri, 08 Feb 2019 00:00:00 +0530 Mon, 18 Mar 2019 12:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=59538 Section 80TTB, effective from 01.04.2019, allows a deduction for senior citizens for interest on deposits with specified banks, co-operative banking societies and Post Office accounts, subject to a prescribed cap and subject to exclusion where interest is derived from deposits held by or on behalf of firms, associations or bodies of individuals; partners or members of such entities are not eligible, and claiming this deduction excludes claiming the alternative interest-deduction provision. Circulars Income Tax Fri, 08 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=59538