80TTB deduction for NRI/OCI

Q & A ForumCategory: Banking80TTB deduction for NRI/OCI
vasantlad asked 7 years ago
Can NRI or OCI senior citizen claim 80TTB deduction for the Bank FD in India ?
1 Answers
Sreekanth Staff answered 7 years ago
Hi, Can NRIs claim 80TTB deduction? - This deduction is available to a senior citizen who is a resident of India as per the Income Tax Act. Thus, senior citizens with non-resident status (NRI) will not be able to claim deduction under section 80TTB. Related articles :
Scroll to Top
Secret Link