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Deductions under Chapter VIA in respect of INCOMES are allowed from Section 80-IA to 80U

DEDUCTION UNDER CHAPTER VI-A IN RESPECT OF 'CERTAIN INCOMES'
Section Nature of Incomes Who can Claim

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

Deductions to be made in Computing Total Income [Sections 80A to 80U (Chapter VIA)]

Related Topics...Deductions from Gross Total Income

  1. DEDUCTIONS UNDER 'CHAPTER VI-A' IN RESPECT OF "PAYMENT & INVESTMENT" ARE ALLOWED FROM SECTION 80C TO 80GGC

    Section 80C Section 80CCC Section 80CCD
    Section 80CCG Section 80D Section 80DD
    Section 80DDB Section 80E Section 80EE
    Section 80G Section 80GG Section 80GGA
  2. DEDUCTIONS UNDER 'CHAPTER VI-A' IN RESPECT OF "INCOMES" ARE ALLOWED FROM SECTION 80-IA TO 80U

    Section 80-IA Section 80-IAB Section 80-IAC
    Section 80-IB Section 80-IBA Section 80-IC
    Section 80-ID Section 80-IE Section 80-JJA
    Section 80-JJAA Section 80-LA Section 80-P
    Section 80-PA Section 80-QQB Section 80-RRB
    Section 80-TTA Section 80-TTB Section 80-U

 

 
 
 
Taxation in Business & Profession [Section 28 to 44]
Taxation in Business & Profession [Section 28 to 44]

Computation of income under the head 'Profits and Gains of Business or Professions' [Section 28 to 44]

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Tax Computation with Assessment of Salaried Person, HUF, Individuals
Tax Computation with Assessment of Salaried Person, HUF, Individuals.

Computation of Income with Assessment Under the Head 'Salary', 'HUF', 'Individuals'.


Indivisuals
HUF
Salaried Person
 
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