Under Section 80TTB of the Income Tax Act, what is the maximum deduction available to senior citizens on account of interest income from deposits with banks, co-operative societies, or post offices?

Which section of the Income-tax Act, 1961 deals with the provisions of Minimum Alternate Tax (MAT) for companies?

Assertion (A): If interest is payable outside India, tax must be deducted at source (TDS). Reason (R): If tax has not been deducted at source, the amount paid as interest will not be allowed as a deduction in computing business income under the Income Tax Act. Select the correct answer from the code given below: