DEDUCTIONS FROM GROSS TOTAL INCOME

[CHAPTER VI-A]
 80C Deduction for certain Investments / Payments, etc.
 80CCC Contribution to certain pensions
 80CCD Contribution to approved pension plan
 80CCE Maximum deduction u/s 80C, 80CCC and 80CCD
 80D Mediclaim Policy
 80DD Expenditure on disabled dependents
 80DDB Expenditure on specified diseases
 80E Interest on repayment of educational loan
 80EE Interest on loan for acquisition of residential house property
 80EEA Interest on loan for acquisition of residential house property
 80EEB Interest on loan for purchasing electric vehicle
 80G Donations
 80GG Rent payment in case of non-receipt of HRA
 80GGA Donations for scientific and rural development
 80GGB Donations to political party or an electoral trust by Indian company
 80GGC Donations to political party or an electoral trust by non-corporate
 80JJAA Deduction for additional employment by Indian companies
 80QQB Deduction from royalty income from books
 80RRB Deduction from royalty income from patents
 80TTA Deduction in respect of interest from savings bank a/c for other than resident senior citizen
 80TTB Deduction in respect of interest from savings bank a/c for resident senior citizen
 80U Deduction for disabled individuals
 There certain deductions which are allowed under chapter VI- A of income tax Act while calculating Taxable
income of an Assessee.
 In chapter VI A -sec 80 C to 80 U are covered for deductions.
DEDUCTIONS

 Deduction from gross total income

 1. deductions in respect of certain payments – sec 80C, 80D, 80E,80G
 2. deductions in respect of certain incomes –sec 80JJA, 80RRB,80QQB
 3. deductions in respect of other incomes -----sec 80TTB
 4. other deductions ------------------------------sec 80U
 SEC 80C
SEC Available to condition deduction

80 C Individual / HUF 1. LIC- life insurance

2. Equity linked saving scheme
3. EPF – Employee provident fund
4. PPF –Public provident fund
5. NPS– National pension scheme
6. NSC – National Savings certificate
7. Suganya Samridhi Account Rs. 1,50,000
8. Fixed Deposit

9. Senior citizen saving scheme

10. Tax saving deposit
11. Tuition fee
 SEC 80 D
sec Available to condition deductions
80 D An individual (spouse, 1.Medical insurance Premium, Central Rs . 25,000
parents & dependent Government health scheme and Preventive Rs . 50,000
children), or HUF health check-up and medical treatment
(member) Conditions:
1. Payment of premium can be made by any mode
other than Cash.
2. In case of preventive health checkup
Payment can be made in cash.
Maximum ₹5,000 for self, spouse, parent and children
put together
3. Payment shall be made out of the Income
Chargeable to Tax
SEC 80 DD

Sec Available to condition Deduction

80 DD Resident Individual: 1.Deduction for medical treatment of a. For disability (40% to

spouse, children, dependent relative 80%): ₹75,000
parents, brothers & 2.medical treatment or deposit for the benefit
sisters of disabled dependent relative b. For severe disability (80%
3. The disability must be certified by the and above): ₹1,25,000
HUF: member Government physician or specialist
4. Disability means blindness, low vision, leprosy,
hearing impairment, locomotor
disability, mental retardation, mental illness.

80 U Same conditions Same deductions

Individual
Sec Available to condition deduction
80 DDB Individual: spouse, children, Deduction for medical Rs. 40,000
parents, brothers & sisters treatment of specified
b. HUF: member disease
Neurologist disease, cancer, Rs. 1,00,000
AIDS, Chronic renal failure,
Hemophilia,
Amount received from
insurance company shall be
reduced from deduction
computed
SEC 80 E
Sec Available condition Deduction
to
80E Assessee Deduction for interest on loan taken for higher education Amount of
be an interest paid
individual. (not the
1.The individual must have taken a loan from: principal sum)
(a) Any financial institution or
(b) Any approved charitable institution
2. Loan must be taken for pursuing any studies after passing 10th including
Vocational Studies. (for an individual, spouse or children)
Period of deduction:
4. Deduction shall be allowed for eight assessment years starting from the
assessment year in which Assessee starts to pay interest or loan, or until
the interest thereon paid in full, whichever is earlier.
Sec Available to condition deduction
80EE Individual Deduction for interest on housing loan Rs . 50,000
Condition:
1. Loan should be taken from bank or financial institution
2. for acquisition of residential property
3.Value of house ≤ ₹50 lakhs
4.Loan should be sanctioned between 01.04.2016 to
31.03.2017
5.Loan ≤ ₹35 lakhs
6. Assessee does not own any residential house on the date
of sanction of loan
7. First deduction should be claimed u/s 24(b) of house
property (up to ₹2 lakhs)
and remaining deductible u/s 80EE
Sec Available to condition deduction
80 EEA individual Deduction for interest on acquisition of residential house ₹1,50,000
property

1. Stamp Duty Value of house ≤ ₹45 lakhs

2. Loan should be sanctioned by financial institution
between01.04.2019 and 31.03.2021
3.Assessee does not own any residential house on the date
of sanction of loan
4. First deduction should be claimed u/s 24(b) of house
property (up to ₹2 lakhs) and remaining deductible u/s
80EEA
5.Not deductible u/s 80EE
SEC Available to Condition deduction
80 G Any assessee
National / Central Govt.
PM / CM / Natural Calamity
Africa / Approved university
Zila Saksharta Samiti
State Govt Medical Relief
Clean Ganga / Swach Bharat
 Deduction: 100% of donation without ceiling
 1 National: Defence Fund
 2 National Foundation for Communal Harmony
 3 National Children’s Fund
 4 National Blood Transfusion Council and State Council for Blood Transfusion
 5 National Illness Assistance Fund
 6 National Sports Fund or National Cultural Fund
 7 National Trust for Welfare of Persons with notified disease or disabilities
 8 National Fund for Control of Drug Abuse
 9 Central Welfare Fund: the Army, Air Force and the Naval
 10 Prime Minister’s National Relief Fund
 11 Prime Minister’s Armenia Earthquake Relief Fund
 12 The Maharashtra Chief Minister’s Relief Fund (Earthquake Relief Fund)
 13 Andhra Pradesh Chief Minister’s Cyclone Relief Fund
 14 Government Fund for Relief to victims of earthquake in Gujarat
 15 Chief Minister’s Relief Fund or Lieutenant Governor’s Relief Fund
 16 Any trust, institution, or fund: relief for victims of earthquake in Gujarat
 17 Africa Fund
 18 An approved university / educational institution
 19 Zila Saksharta Samiti
 20 Swach Bharat Kos
 Deduction: 50% of donation without ceiling
 1 Jawaharlal Nehru Memorial Fund
 2 Indira Gandhi Memorial Trust
 3 Rajiv Gandhi Foundation
 4 Prime Minister’s Drought Relief Fund
Sec Available to condition deduction
80 TTA Individual other than Interest on saving account Rs. 10,000
resident senior citizen and with Scheduled Bank, or
HUF Co-operative Bank or Post
Office

Interest from savings bank

account in post office is
exempt u/s 10(15) up to
₹3,500
and in case of joint account
₹7,000
Sec Available to condition deduction
80 TTB Individual senior citizen Interest on saving account 50,000
with Scheduled Bank, or
Co-operative Bank or Post
Office