Hi. While preparing ITR 3 I am facing a issue. Assesse have interest income from savings bank and the same is disclosed in Income form other sources. While claiming deduction under sec 80TTA, Eligible deduction amount is showing as zero. What should i do?
6 Replies
Sandeep Jain
(Pivate)
(1459 Points)
Replied 29 June 2024
If you want to Claim deduction you have to change New regim to old regim.
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 30 June 2024
Whatever amount you put in Income from other sources ( savings account) that only you have report manually under section 80TTA column , if you opted for old tax regime .
Deepak Bansal
(2 Points)
Replied 31 July 2024
Same issue with me. Old regime, 80TTA eligible amount field is greyed out and showing 0. No solution yet.
gaylord watsica
(2 Points)
Replied 19 August 2024
If you chose the previous tax system, you are solely responsible for manually reporting any amount you earn from savings accounts or other non-business sources in the 80TTA field. backyard baseball
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