while filling ITR for the AY 2024-25
why the deduction under 80TTA is disabled
Menu
80TTA Disable
Replies (5)
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 Topic
- Gift recd from brother
- How to show Loan write off in DPT 3?
- Form 10E and Salary arrear
- LTCG U/S 54F. Sale of property plus sale of share
- Issue with ITR2 online utility for HUF
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
Related Topics
CAclubindia
