Deduction under Area 80GGC

If elderly people or very senior citizens contribute money to a great governmental cluster or a keen electoral trust, the new share would be allowed due to the fact good deduction below Point 80GGC.

Deduction around Section 80RRB

If a resident senior otherwise extremely senior citizen enjoys a good joined patent and you may produces royalty profits on the such as for example patents, the fresh royalty obtained is actually allowed as a beneficial deduction out-of nonexempt income. Continue reading →