This is a deduction applicable on income as interest from savings bank account up to Rs. 10,000 a year.
Steps to add deduction u/s 80TTA
- Go to Tax Breaks
- Click on the 80TTA/TTB card
- You will see the amount has been prefilled and is un-editable
This amount is being picked up from Income from Other sources > Interest > Interest from Savings Account tab. The amount eligibility is up to INR 10,000. To edit the amount you can take the same path to see it reflect u/s 80TTA in tax breaks.
Note: Deductions u/s 80TTB is only applicable for senior citizens (that will be determined by the Date of Birth entered on Quicko). The deduction amount will be picked up from the same way as mentioned above (Other sources > Interest > Interest from Savings, FD, Bond and debentures, recurring deposits etc tab) and the eligibility amount is upto INR 50,000.