Deduction under Section 80TTA
Your deduction for savings-account interest — up to ₹10,000 for a non-senior individual / HUF (old regime).
Switch calculator — current: Deduction under Section 80TTA
Your details
Senior citizens claim section 80TTB (₹50,000) instead.
Deducted from the post-office interest first.
Your answer
₹ —
Still needed: your savings interest.
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For guidance only — not tax advice. Every figure is drawn from BharatX’s verified rule book, with the sections and rules shown alongside it.
Deduction under Section 80TTA: how it works and FAQs
FY 2025-26 (Income-tax Act 1961) and FY 2026-27 (Income-tax Act 2025) · Updated
How it works
Section 80TTA lets a non-senior individual or HUF deduct interest on savings accounts, up to ₹10,000 (old regime).
Section 80TTA lets a non-senior individual or HUF deduct interest on savings accounts, up to ₹10,000 (old regime). Post-office interest counts too, after first removing the small amount exempt under section 10(15)(i). Senior citizens use section 80TTB (₹50,000) instead.
- Taxable post-office interest = post-office interest − the 10(15)(i) exemption (not below 0).
- Deduction = the lower of ₹10,000 and (savings interest + taxable post-office interest).
Worked example
Deduction under 80TTA = ₹9,500.
Savings interest ₹8,000, post-office interest ₹5,000, of which ₹3,500 is exempt.
- Taxable post-office = 5,000 − 3,500 = ₹1,500.
- Total = 8,000 + 1,500 = ₹9,500 (under ₹10,000).
Deduction under 80TTA = ₹9,500.
Frequently asked questions
What is the 80TTA limit?
₹10,000 of savings-account (and eligible post-office) interest.
Can a senior citizen use 80TTA?
No. Senior citizens claim the larger ₹50,000 deduction under section 80TTB.
Every figure the calculator shows lists the sections it relies on under “Legal basis”. For guidance only — not tax advice.