<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Can deduction under section 80TTA and 80TTB be claimed by an assessee opting for Alternative Tax Regime under section 115BAC?</title>
    <link>https://www.taxtmi.com/manuals?id=3256</link>
    <description>Deduction for interest income under section 80TTA and section 80TTB is not available to an assessee who has opted for the default alternative tax regime under section 115BAC, so taxpayers should account for the foregone interest-related deductions when electing that regime.</description>
    <language>en-us</language>
    <pubDate>Thu, 30 Nov 2023 16:29:00 +0530</pubDate>
    <lastBuildDate>Sat, 30 Aug 2025 11:16:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=733447" rel="self" type="application/rss+xml"/>
    <item>
      <title>Can deduction under section 80TTA and 80TTB be claimed by an assessee opting for Alternative Tax Regime under section 115BAC?</title>
      <link>https://www.taxtmi.com/manuals?id=3256</link>
      <description>Deduction for interest income under section 80TTA and section 80TTB is not available to an assessee who has opted for the default alternative tax regime under section 115BAC, so taxpayers should account for the foregone interest-related deductions when electing that regime.</description>
      <category>Manuals</category>
      <law>Income Tax</law>
      <pubDate>Thu, 30 Nov 2023 16:29:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/manuals?id=3256</guid>
    </item>
  </channel>
</rss>