Deduction under Section 80TTA available to individuals and HUFs for savings account interest; senior citizens must use Section 80TTB. An individual or Hindu Undivided Family deriving interest on savings account deposits may claim the deduction under Section 80TTA, available irrespective of residential status; senior citizens must instead claim the separate senior-citizen deduction under Section 80TTB and may not claim Section 80TTA for the same interest.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Deduction under Section 80TTA available to individuals and HUFs for savings account interest; senior citizens must use Section 80TTB.
An individual or Hindu Undivided Family deriving interest on savings account deposits may claim the deduction under Section 80TTA, available irrespective of residential status; senior citizens must instead claim the separate senior-citizen deduction under Section 80TTB and may not claim Section 80TTA for the same interest.
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