Section 80TTB under the
Income-tax Act, 2025
Deduction for interest on deposits — senior citizens
Topic
Deduction for interest on deposits — senior citizens — Deductions provisions under the Income-tax Act, 2025 (Act 30 of 2025).
What carried over
The substance of this provision was not changed by the re-write. What moved is the citation.
Same merged section as 80TTA; the senior-citizen entitlement (all deposits, not just savings) is s.153(2)(b). Eligible payers listed in s.153(1)(i)-(iii): banking companies, co-operative banks, and a Post Office as defined in s.2(k) of the Post Office Act, 2023.
Source
ICAI concordance row for s.153 (80TTA, 80TTB); verified against bare text of s.153(1)(b) and 153(2)(b). Corroborated by ClearTax ('80TTB -> 153').
CBDT publishes its own correspondence utility on incometaxindia.gov.in and that is the authority. Spot-check anything high-stakes there before you rely on it.
This is a navigational aid for the 1961 → 2025 transition, not tax advice. It helps you find the right place in the new Act when you already know the old section. Confirm every citation against the bare Act and against CBDT's own correspondence utility before relying on it in a return, certificate, notice reply or opinion. The source text used here is the Act as passed, so any rate or threshold amended by the Finance Act, 2026 is not reflected; section numbers are unaffected.