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Deduction under Chapter VI-A

[ Sec.- 80C, 80CCC, 80CCD, 80CCF, 80CCG, 80D, 80DD, 80DDB, 80E, 80EE, 80G, 80GG, 80GGA, 80GGB, 80GGC, 80 IA, 80IB, 80IC, 80ID, 80IE, 80JJA, 80JJAA, 80LA, 80P, 80QQB, 80RRB, 80TTA, 80U ]

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) Contribution by an employee or any other individual towards, National Pension System (NPS) ( up to 10% of the Salary of the employee or up to 20% of Gross Total Income in the case of any other individual.) Individuals
80CCD(1B) Contribution by an individual towards NPS ( Maximum : Rs. 50,000) Individuals
80CCD(2) Contribution by the employer towards NPS ( up to 10% of Salary of the employee) Employees
80D Medical Insurance Premia [ subject to maximum of Rs. 1,00,000] Individual/HUF
80DD Maintenance including medical treatment of a Handicapped dependent who is a person with disability [ maximum : Rs. 1,25,000] Resident Individual/ Resident HUF
80DDB Medical Insurance Expenses [ maximum : Rs. 1,00,000] Resident Individual/ Resident HUF
80E Payment of interest of Loan taken for higher studies Individual
80EE Interest on loan taken for residential house property.

The deduction under this section shall not exceed Rs. 50,000

80G Donation to certain Funds, Charitable Institutions [ subject to maximum of 50% of Qualifying Donation ( 100% in some cases)] All Assessee
80GG Rent paid for Furnished / Unfurnished accomodation [ subject to maximum of Rs. 24,000] Individual
80GGA Certain Donations for Scientific Research or Rural Development All assessees not having any income chargeable under the head 'Profits and gains of business or profession'
80GGB/GGC Contribution to Political Parties  

Deduction in respect of profits and gains from undertakings or enterprises engaged in infrastructure development, etc.

All Assessee

Deduction in respect of profits and gains by an undertaking or an enterprise engaged in development of Special Economic Zone (SEZ)

80-IAC Profit and Gains from eligible start-up Companies / LLPs
80-IB Profit and Gains from industrial undertakings All Assessee
80-IBA Profit and Gains from Housing Projects All Assessee
80-IC Profits of certain undertakings or enterprises in certain special category States. All Assessee
80-ID Profits and gain from Business of Hotels / Convention Centers. All Assessee

Special provisions in respect of certain undertakings in North Eastern States

All Assessee

Deduction in respect of profits and gains from business of collecting and processing of biodegradable waste

All Assessee

Deduction in respect of employment of new employees

All Assessee

Deduction in respect of certain incomes of Offshore Banking Units and International Financial Services Centre

Scheduled Banks

Deduction in respect of income of Co-operative Societies

Co-operatives Societies

Deduction in respect of income of Farm Producer Companies [W.e.f. A.Y. 2019-20]

Producers Companies

Deduction in respect of royalty income, etc., of authors of certain books other than text books [ Maximum Rs. 3,00,000]

Resident Individuals

Deduction in respect of royalty on patents [ Maximum Rs. 3,00,000]

Resident Individuals

Deduction in respect of interest on deposits in savings accounts to the maximum extent of Rs. 10,000

Individuals / HUF

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

Deduction in case of a person with disability [ Maximum : Rs.1,25,000]

Resident Individuals


Allowances Under Section-10 & 17(3) under Head 'Salary' Income
Chart Showing Computation of 'Salary' Income
Computation of 'Gross Salary' Income
Computation of 'Net Salary' Income :
Deduction under Chapter VI-A

Retirement Benefits

1.       Major Retirement benefits gets by the Employee

2.       Tax Treatment of ‘Leave Encashment’

3.       Tax Treatment of ‘Gratuity’

4.       Tax Treatment of ‘Pension’
Other Benefits & Facilities gets by the Salaried Employees
Arrear of Salary and relief under section 89(1)
Deduction Under Section 80 C ( How to Find Out)
Exemption Specified in Income Tax Rules in 'Salary' Income
'Perquisies' and 'Income Tax - ( Taxable and Exempted) - Salary :
Computation of 'Profit in Lieu of Salary' (Sec-17(3)
Computation of Income Under Head 'Salaries' under Income Tax
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