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now()
reports the current date and time as a datetime object. - Your input_datetime entity reports time as a string.
You can’t subtract a string from a datetime object.
You have to ensure both are datetime objects or integers representing their respective Unix timestamps.
Try this version which converts the input_datetime’s value to a datetime object.
{{ now() - now().replace(hour=state_attr('input_datetime.volume_night_alexas', 'hour'), minute=state_attr('input_datetime.volume_night_alexas', 'minute')) < timedelta(seconds=60) }}