Share |

Deductions from Total Income



    1. Deductions in respect of certain Payments.

      1. Deduction in respect of Life Insurance Premia, Deferred Annuity, Contribution to PF, etc. [ Sec. 80 C ]

      2. Deduction in respect of Contribution to certain Pension Funds [Sec.80CCC]

      3. Deduction in respect of Contribution to Pension Scheme of Central Government or any other Employers [ Sec. 80 CCD]

      4. Deduction in respect of Health or Medical Insurance Premia [ Sec.80D]

      5. Deduction in respect of Maintenance Including Medical Treatment of a Dependent who is a person with Disability [ Sec. 80 DD ]

      6. Deduction in respect of Medical Treatment , etc. [ Sec. 80 DDB ]

      7. Deduction in respect of Interest of Loan taken for Higher Education [Sec.80 E ]

      8. Deduction in respect of Donations to certain Funds, Charitable Institutions , etc. [ Sec. 80 G ]

      9. Deduction in respect of Rents Paid [ Sec. 80 GG ]

    2. Deductions in respect of certain Incomes

      1. Deduction in respect of Profit and Gains from Industrial Undertaking or Enterprises engaged in infrastructure Development [ Sec. 80 IA ]

      2. Deduction in respect of Profit and Gains from Industrial Undertakings or enterprises engaged in development of Special Economic Zone. [Sec. 80 IAB ]

      3. Deduction in respect of Profit & Gain from certain Industrial Undertaking other than Infrastructure Development Undertaking [Sec.80-IB]

      4. Special Provisions in respect of Certain Undertaking or Enterprises in certain special category States. [ Sec. 80-IC]

      5. Deduction in the case of Hotels and Convention center in NCR [Sec.80ID]

      6. Deduction in respect of certain undertaking in North-Eastern States [Sec.80-IE].

      7. Deduction In Respect Of Profit And Gains From Business Of Collecting And Processing Of Bio-Degradable Waste. [ Sec. 80-JJA]

      8. Deduction In Respect Of Employment Of New Workmen [ Sec. 80-JJAA]

      9. Deduction In Respect Of Certain Income Of Offshore Banking Units And International Financial Services Center. [ Sec. 80-LA]

      10. Deduction In Respect Of Income Of Co-Operative Societies. [ Sec. 80P ]

      11. Deduction In Respect Of Royalty Income, Etc., Of Authors Of Certain Books Other Than Text-Books [ Sec. 80-QQB ]

      12. Deduction In Respect Of Royalty On Patents [ Sec. 80-RRB ]

    3. Other Deductions

      1. Deduction In Case Of A Person With Disability [ Sec. 80 U ]

Get Updated ....
Tally.ERP 9 Book
Guide & FAQ on Tax Knowledgebase @ Taxation Income Tax @ Glance HUF - Formation, Planning & Taxation
Charitable & Religious TRUST NRI (Tax Planning,Saving,Investemnt) Budget 2017-2018 GST (FAQ, Law, Act. Rules, Schedule, Enrollment)

All efforts are made to keep the content of this site correct and up-to-date. But, this site does not make any claim regarding the information provided on its pages as correct and up-to-date. The contents of this site cannot be treated or interpreted as a statement of law. In case, any loss or damage is caused to any person due to his/her treating or interpreting the contents of this site or any part thereof as correct, complete and up-to-date statement of law out of ignorance or otherwise, this site will not be liable in any manner whatsoever for such loss or damage.

The visitors may click here to visit the web site of Income Tax Department for resolving their doubts or for clarifications