while filling ITR for the AY 2024-25
why the deduction under 80TTA is disabled
Menu
80TTA Disable
Replies (5)
Quick Summary
You have to show , interest from saving bank under Income from other Sources First , then you can claim same amount as a deduction under 80 TTA .
( Deduction under 80TTA is interest income up to 10000/- only from Saving A/c ) .
( Deduction under 80TTA is interest income up to 10000/- only from Saving A/c ) .
Dear Yasir,
80 TTA deduction is not available under New Tax Regime.
Or file tax return under old regime to claim 80TTA. However, file form 10IEA before filing income tax return.
Sec 80TTA INTEREST FROM SAVINGS ACCOUNT IS DEDUCTIBLE TO AN EXTENT OF RS.10000 FRO. SAVINGS ACCOUNT
You can either try the new version of the income tax utility or use a single checkbox for the deduction you're claiming on the initial pages. This will be displayed only if you file your ITR under the old tax regime with interest income from bank in other sources.
Agreed with Mr.mudassar.
in new tax regime, there is only interest amount to be entered in other source income but not deductable due to new tax regime scheme, hence no any 80TTA limit question arise.
in new tax regime, there is only interest amount to be entered in other source income but not deductable due to new tax regime scheme, hence no any 80TTA limit question arise.
Recent Topics :
- Query on FLAIR return
- Itr 4 problem
- Capital Gains Mismatch Due to Sale Agreement in FY
- REGARDING NRO INVESTMENT IN SHARES OF DOMESTIC COM
- DTAA benefits
- SUPPLEMENTARY AGREEMENT FOR ADDING A PARTER IN TN
- Part availmement of ITC in case of rejection of su
- Due date for itr 5 no audit with loss for fy 25 26
- Capital Gains Mismatch AIS
- Inward E-way bill from Tally Prime 7.1
Related Topics :
CAclubindia
