Section 80 Deduction Table
Section | Deduction on | |
---|---|---|
Section 80C |
| |
80CC | For amount deposited in annuity plan of LIC or any other insurer for pension from a fund referred to in Section 10(23AAB). | – |
80CCD(1) | Employee’s contribution to NPS account (maximum up to Rs 1,50,000) | – |
80CCD(2) | Employer’s contribution to NPS account | |
80CCD(1B) | Additional contribution to NPS | |
80TTA(1) | Interest Income from Savings account | |
80GG | For rent paid when HRA is not received from employer | |
80E | Interest on education loan | |
80EE | Interest on home loan for first time home owners | |
80CCG | Rajiv Gandhi Equity Scheme for investments in Equities | |
80D | Medical Insurance – Self, spouse, children Medical Insurance – Parents more than 60 years old or (from FY 2015-16) uninsured parents more than 80 years old | |
80DD | Medical treatment for handicapped dependant or payment to specified scheme for maintenance of handicapped dependant
| |
80DDB | Medical Expenditure on Self or Dependent Relative for diseases specified in Rule 11DD
| |
80U | Self suffering from disability:
| |
80GGB | Contribution by companies to political parties | |
80GGC | Contribution by individuals to political parties | |
80RRB | Deductions on Income by way of Royalty of a Patent |