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Tax deduction under section 80TTB

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S S SANDHU

Finance Professional

25 Points Posted on 03 July 2024

While filing income tax return as senior citizen, I am experiencing difficulty.

Supposing my income from interest on Bank Fixed Deposits is Rs 10 lakhs.

In my tax return I show this income under "Income from other sources"

Since I am eligible for claiming deduction of Rs 50,000 under section 80TTB, I wish to show this figure under the caption "Deductions". On clicking the option "Section 80TTB" under 'Deductions' the website says "Fill the schedule for 80TTB". But simultaneously the row gets dim and I see the caption "page is not responsive". I am no able to reach any schedule to be filled in.

I would feel grateful if someone pls help me as to how to fill up figure of Rs 50,000 under Deductions (Section 80TTB)

S S SANDHU

Replies (2)

Quick Summary

This discussion addresses a senior citizen's difficulty in claiming a tax deduction under Section 80TTB for interest earned on bank fixed deposits. The user is unable to fill in the required schedule on the tax filing website. Another user provides guidance, suggesting that the deduction should be entered within Schedule VI-A, specifically in parts C, CA, or D.