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 :
- FY 2018-19 Section 80TTB | Tax Exemption of Rs 50,000 on Interest Income to Senior Citizens
- Residential Status – NRI or Resident? & NRI Taxation
- Income Tax Deductions List FY 2018-19 | List of important Income Tax Exemptions for AY 2019-20
- Income Tax Deductions List FY 2019-20 | List of important Income Tax Exemptions for AY 2020-21