INTEREST ON SB ACC INCOME TAX


This query is : Resolved 

Quick Summary
This discussion clarifies whether interest earned from a savings bank account is eligible for tax deduction under the new tax regime for Assessment Year 25-26. The response indicates that deductions under Sections 80TTA and 80TTB are not permitted under the new regime.

(Querist)
20 August 2025 CAN WE CLAIM DEDUCTION FOR INTEREST FROM SAVING BANK ACCOUNT UNDER NEW REGIME WHILE FILING IT RETURNS FOR AY 25-26

PLS CLARIFY
THANKA AND REGARDS
SURESH R

21 August 2025 No. Deduction u/s. 80TTA & 80TTB are not eligible under NEW regime.

22 September 2025 Good luck..


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