Interest on savings account deductible under section 80TTA

I have Interest on Savings account with SBI ₹15000 and interest on post office deposits ₹25000...

Ignoring exemption under section 10(15), Can I claim deduction under section 80TTA two times for those two items separately?

So my obvious question is whether I could claim deduction under a same section for two times...
Replies (2)
Quick Summary
This discussion clarifies the deductibility of savings account interest under Section 80TTA of the Income Tax Act. It explains that the deduction is specifically for interest earned from savings accounts, with a maximum limit of ₹10,000 per financial year. The thread also touches upon Section 80TTB for senior citizens, which covers interest from post office deposits up to ₹50,000, and confirms that a deduction cannot be claimed twice under the same section for separate interest sources.

Deduction u/s 80TTA is allowed in respect of interest only from savings account. Hence, ₹10,000/- can be claimed as deduction u/s 80TTA. In case of senior citizens, deduction u/s 80TTB can be claimed in respect of deposits with post office, subject to a limit of ₹50,000/-.
No you can not claim two times. Under 80TTA max Rs 10000 on SB account interest.

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