80TTA Deductions

441 views 2 replies

Dear CAs/Tax Experts ,

Good evening ! Can someone pls help understand , why 80TTA is throwing error ( attached ) and not considering any exemption while filing ITR1 , when I'm putting 10K for the tax rebate 

Any help here will be appreciated sincerely .

Best Regards

 


Attached File : 3692254 20230708211337 80tta error.jpg downloaded: 63 times
Replies (2)
Dear tax payer,
deduction u/s 80TTA will be allowed only if you have interest income from savings account. it will be allowed only under old regime but not under new regime

Thanks for your response Raj !

Yes, you are right , if we don't mention the SBA interest income  under income sources , then this 80TTA section will not consider this 10K deduction . All set now .

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details