Deductions
Deductions to be made in Computing Total Income Under Section 80A to 80U (Chapter VIA).
Section 80C: Income Tax Deductions for AY 2022-23 and 2023-24
Section 80C: Income Tax Deductions for AY 2022-23 and 2023-24. Section 80C provides Deduction in respect of Specified Qualifying Amounts...
Section 80CCD : Deduction in respect of Contribution to a National Pension Scheme (NPS)
Following are the salient features of Deduction under Section 80CCD in respect of contribution to National Pension Scheme (NPS) of...
Section 80D : Deduction in respect of Medical Insurance Premia
Under Section 80D, Deduction in respect of Medical Insurance Premia- When and to what extent available is depends upon the...
[Section 80DD]: Deduction in respect of Caring & Maintenance including Medical Treatment of a Disabled Dependent
Section 80DD can be claimed by both HUFs and Individual on Expenses related to medical treatment, training and rehabilitation of...
Section 80DDB : Deduction in respect of Medical Treatment, etc.- to what extent available
Deduction under Section 80DDB is allowed in respect of any expenditure actually incurred for the medical treatment of the following...
Section 80E: Deduction in respect of Payment of Interest on Loan taken for Higher Education – when and to what extent available
Section 80E: Deduction in respect of Payment of Interest on Loan taken for Higher Education – when and to what...
Section 80EE: Deduction in respect of Interest on Loan taken for Residential House Property
An individual shall be allowed a deduction under Section 80EE on account of interest payable on loan taken by him...
Section 80EEB: Deduction in respect of Purchase of Electric Vehicle
Section 80EEB: Deduction in respect of Inerest payable on Loan taken from any Financial Institutuion for purchase of an Electric...
Section 80G: Deduction in respect of Donation to certain Funds, Charitable Institutions, etc.
Deduction under Section 80G in respect of Donation to certain Funds, Charitable Institutions is available only with following essential conditions...
Section 80GG: Deduction in respect of Rent Paid
Section 80GG: Deduction in respect of Rent Paid – to whom and to what extent available with all essential conditions...
Income Tax Management and Tax Ready Reckoner with Tax Planning for the Assessment Years 2022-2023 & 2023-2024 - for Students, Salaried, Professionals & Businessman.