Deduction under section 80TTA/TTB is not reflected : Help Center

As per the Income Tax Act, losses from Non-Speculative Business Income can be set off against Income From Other Sources (IFOS).

Since savings interest income is reported under head IFOS, on Quicko the Non-Speculative Business losses will automatically be set off against IFOS.

Therefore, if you have savings interest deduction u/s 80TTA/TTB might not be or is partially reflected under Chapter VIA deductions.

Deduction under section 80TTA/TTB is not reflected Print