Deduction below Area 80GGC

If older persons otherwise awesome seniors lead money in order to a great governmental class otherwise an electoral believe, the brand new share will be allowed since an effective deduction not as much as Part 80GGC.

Deduction under Section 80RRB

When the a resident senior or extremely senior citizen have an excellent joined patent and you will earns royalty incomes to the particularly patents, the fresh new royalty acquired try desired just like the a great deduction regarding nonexempt income. (more…)