Deductions:

Section
Shortcut Code
No.

80D 80D se dawai

80E 80E se education

80EE extra enterest

80G se Garib gov. Ko donation

80DD dependent dukhi

80DDB dependent dukhi bimar

gadhe ghode (donation to

80GGC politicial party) charao by
foriegn co.

gadhe ghode (donation to

80GGB politicial party) banao by
 indian

80GG ghar ghar

Gaav development with

80GGA
science

80QQB quality quality Books

80RRB royalty to resident

80U unstable person

Section 80 Deductions Quick

Revision Before Exam:

80C [Contribution to PPF, LIC etc]

80CCC [Pension Funds] and 80CCD(1):

Rs.1,50,000 Deduction for the above two.

80CCG [Investment in Equity Savings]

50% of amount invested

Or

Rs.25,000

Whichever is lower

80DD [Maintenance and Medical

Treatment of Disabled dependent]:
Flat Deduction of Rs.75,000 (In case of
severe disability i.e., 80%, Deduction is
Rs.1,25,000]

80D [Medical Insurance Premium]:

Rs.25,000 allowed (Rs.30,000 in case of

senior citizen)

80DDB [Medical treatment for specified

diseases]:

Rs.40,000 for Normal Individuals

Rs.60,000 for Senior Citizens

Rs.80,000 for Super Senior Citizens

80E [Interest on Educational Loan]:

Deduction allowed in Initial Assessment

Year and 7 preceeding years.

80G [Donations]:

50% and 100% in different cases.

 

80GG [Rent]:

Least of the following is allowed as

deduction-

1. 25% of total income

2. Rent paid (-) 10% of Adjusted Income
3. Rs.2,000 per month

80GGB [Contribution to Political

Parties]:

Actual contribution is allowed as

deduction.

80QQB [Royalty Income] and

80RRB[Royalty on Patents]:

Least of Amount received or Rs.3,00,000 is

allowed as deduction.

80TTA [Interest from Savings Account]:

Actual interst subject to a maximum of

Rs.10,000
 

80U [Person with disability]:

Rs.75,000 for normal disability and

Rs.1,25,000 for severe disability.

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