https://www.taxtmi.com/manuals?id=4218 Availability of interest deduction for senior citizens covers interest from deposits with banks, post offices and co operative banks, including savings and fixed deposits, permitting a deduction up to the statutory ceiling. A matching TDS exemption applies so that banks, post offices and co operative banks do not deduct tax at source on interest paid to senior citizens up to that ceiling, and the exemption threshold is to be computed separately for each paying institution. en-us Tue, 26 Dec 2023 11:32:00 +0530 Tue, 02 Jan 2024 18:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=4218 Availability of interest deduction for senior citizens covers interest from deposits with banks, post offices and co operative banks, including savings and fixed deposits, permitting a deduction up to the statutory ceiling. A matching TDS exemption applies so that banks, post offices and co operative banks do not deduct tax at source on interest paid to senior citizens up to that ceiling, and the exemption threshold is to be computed separately for each paying institution. Manuals Income Tax Tue, 26 Dec 2023 11:32:00 +0530 https://www.taxtmi.com/manuals?id=4218