Section 80TTA allows you to claim a deduction on the interest earned from savings accounts held with banks, post offices, or cooperative societies.

Common Questions

• Why is my deduction amount showing as zero?
  If your interest income was adjusted against other heads of income or losses during the year, the deduction may appear as zero.
• Does this include interest from Fixed Deposits (FDs)?
  No. Section 80TTA applies only to savings account interest. However, senior citizens can claim a higher deduction of ₹50,000 under Section 80TTB, which includes interest from FDs as well.
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Steps to Review Deduction under 80TTA
1. Navigate to File > Deductions
2. Select Section 80TTA/ TTB card
3. Review the deduction for interest earned during the year
   


Mobile
Steps to Review Deduction under 80TTA
1. Navigate to 

   File > Deductions

   
2. Select Section 80TTA/ TTB
    card
   
3. Review the deduction for interest earned during the year


 

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