| DEDUCTION UNDER CHAPTER VI-A IN RESPECT OF 'PAYMENTS' |
| Section |
Nature of Payment |
Who can Claim |
| 80C |
LIfe Insurance Premia, Provident Fund Contribution (Maximum : Rs. 1,50,000) |
Individuals |
| 80CCC |
Pension Fund [ Maximum : Rs. 1,50,000 |
Individuals |
| 80CCD(1) |
Deduction available in respect of Employee’s / Assessee’s Contribution to National Pension Scheme (NPS) [Section 80CCD(1)] |
Individuals |
| 80CCD(1B) |
Additional Deduction of Rs. 50,000 is available in respect of Employee’s / Assessee’s Contribution to National Pension Scheme (NPS) [Section 80CCD(1B)] |
Individuals |
| 80CCD(2) |
Deduction available in respect of Eemployer’s Contribution to National Pension Scheme (NPS) [Section 80CCD(2)] |
Employees |
| 80D |
Deduction in respect of Health or Medical Insurance Premium |
Individual/HUF |
| 80DD |
Deduction in respect of Maintenance Including Medical Treatment of a Dependent who is a Person with Disability |
Resident Individual/ Resident HUF |
| 80DDB |
Deduction in respect of Medical Treatment , etc. |
Resident Individual/ Resident HUF |
| 80E |
Payment of interest of Loan taken for higher studies |
Individual |
| 80EE |
Deduction in respect of Interest on Loan taken for Residential House Property |
Individual |
| 80G |
Deduction in respect of Donations to certain Funds, Charitable Institutions , etc. [Section 80G ] |
All Assessee |
| 80GG |
Deduction in respect of Rents Paid [Section 80GG] |
Individual |
| 80GGA |
Deduction in respect of certain Donations for Scientfic Research or Rural Development [Section 80GGA] |
All assessees not having any income chargeable under the head 'Profits and gains of business or profession' |
| 80GGB/GGC |
Contribution to Political Parties |
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| DEDUCTION UNDER CHAPTER VI-A IN RESPECT OF 'CERTAIN INCOMES' |
| 80-IA |
Deduction in respect of Profit and Gains from Industrial Undertaking or Enterprises engaged in infrastructure Development [Section 80IA] |
All Assessee |
| 80-IAB |
Deduction in respect of profits and gains by an undertaking or an enterprise engaged in development of Special Economic Zone (SEZ) |
Developers |
| 80-IAC |
Special Provision in respect of Eligible Business of Eligible Start Up [Section 80-IAC] [W.e.f. A.Y. 2017-18] |
Companies / LLPs |
| 80-IB |
Deduction in respect of Profit & Gain from certain Industrial Undertaking other than Infrastructure Development Undertaking [Section 80-IB] |
All Assessee |
| 80-IBA |
Deduction in respect of Profits and Gains from Housing Projects [Section 80-IBA] |
All Assessee |
| 80-IC |
Deduction in respect of Profits and Gains of Certain Undertaking or Enterprises in certain Special Category States. [Section 80-IC] |
All Assessee |
| 80-ID |
Deduction in respect of Profits and Gains from Business of Hotels and Convention center in NCR |
All Assessee |
| 80-IE |
Deduction in respect of certain undertaking in North-Eastern States |
All Assessee |
| 80-JJA |
Deduction In Respect Of Profit And Gains From Business Of Collecting And Processing Of Bio-Degradable Waste |
All Assessee |
| 80-JJAA |
Deduction In Respect Of Employment Of New Employees [Section 80-JJAA] w.e.f. A.Y. 2017-18 |
All Assessee |
| 80LA |
Deduction in respect of certain incomes of Offshore Banking Units and International Financial Services Centre |
Scheduled Banks |
| 80P |
Deduction in respect of income of Co-operative Societies |
Co-operatives Societies |
| 80PA |
Deduction in respect of income of Farm Producer Companies [W.e.f. A.Y. 2019-20] |
Producers Companies |
| 80QQB |
Deduction in respect of royalty income, etc., of authors of certain books other than text books [ Maximum Rs. 3,00,000] |
Resident Individuals |
| 80RRB |
Deduction in respect of royalty on patents [ Maximum Rs. 3,00,000] |
Resident Individuals |
| 80TTA |
Deduction in respect of interest on deposits in savings accounts to the maximum extent of Rs. 10,000 |
Individuals / HUF |
| 80TTB |
Senior citizen to be allowed a deduction of Rs. 50,000 on account of interest on deposits with Banks / co-operative bank / post office.
[W.e.f. A.Y. 2019-20] |
Senior Citizens |
| 80U |
Deduction in case of a person with disability [ Maximum : Rs.1,25,000] |
Resident Individuals |
