Income tax

Share
Share This Thread
  1. Manjunath N S

    Manjunath N S New Member

    Is the investment of Rs150000/- under Senior Citizen Saving Scheme in Nationilized banks eligible for exemption under section 80C?
     
  2. ZED

    ZED Well-Known Member

    Yes, it is eligible

    80C(2)(xxiii) in an account under the Senior Citizens Savings Scheme Rules, 2004;
     
  3. nikhil9090

    nikhil9090 Member

    The correct option for this. Q4 exemption from payment of advance tax under section 207 is also available to anon-resident senior citizen (i,e., an individual of the page of 60 years or above) not having any income from business or profession.
     
Draft saved Draft deleted
Loading...
Similar Threads Forum Date
INCOME TAX REBATE UNDER SECTION 24 FOR HOME LOAN Income Tax Tuesday at 8:37 AM
Income Tax: Standard deduction: FY 2018-2019 Income Tax Feb 15, 2018
Income tax Income Tax Feb 12, 2018
Income tax on tax payer Income Tax Feb 2, 2018
Income Tax on Severance pay and consulting fee Income Tax Jan 30, 2018