80C to 80U Deduction List
Taxpayer Persons who have file their ITR must known about (80C to 80U Deduction List )Deduction under section Chapter VI of the Income Tax Act, 1961. IF you wants to known the details of deduction you can download the 80C to 80U Deduction List PDF using the link given at the bottom of this page.
Individuals can claim tax deduction benefits for payments made towards life insurance policies, fixed deposits, superannuation/provident funds, tuition fees, and construction/purchase of residential properties under Section 80C of the Income Tax Act.
80C to 80U Deduction List | 80C to 80U Chart
These Deductions will not be available to a taxpayer opting for the New Tax Regime u/s 115 BAC, except for deduction u/s 80CCD (2) which will be applicable for New Tax Regime as well
| 80C, 80CCC, 80CCD (1) | ||
|---|---|---|
| Deduction towards payments made to | Combined deduction limit of ₹ 1,50,000 | |
| 80C | ||
| Life Insurance Premium | ||
| Provident Fund | ||
| Subscription to certain equity shares | ||
| Tuition Fees | ||
| National Savings Certificate, | ||
| Housing Loan Principal | ||
| Other various items | ||
| 80CCC | Annuity plan of LIC or other insurer towards Pension Scheme | |
| 80CCD(1) | Pension Scheme of Central Government | |
| 80CCD(1B) | ||
| Deduction towards payments made to Pension Scheme of Central Government, excluding deduction claimed under 80CCD (1) | Deduction limit of ₹ 50,000 | |
| 80CCD(2) | ||
| Deduction towards contribution made by an employer to the Pension Scheme of Central Government | ||
| If Employer is a PSU, State Government or Others group | Deduction limit of 10% of salary | |
| If Employer is Central Government group | Deduction limit of 14% of salary | |
| 80D | ||
| Deduction towards payments made to Health Insurance Premium & Preventive Health check up | ||
| For Self / Spouse or Dependent Children group | ₹ 25,000 (? 50,000 if any person is a Senior Citizen) | |
| ₹ 5,000 for preventive health check up, included in above limit | ||
| For Parents | ₹ 25,000 (? 50,000 if any person is a Senior Citizen) | |
| ₹ 5,000 for preventive health check up, included in above limit | ||
| Deduction towards Medical Expenditure incurred on a Senior Citizen, if no premium is paid on health insurance coverage | ||
| For Self/ Spouse or Dependent Children | Deduction limit of ₹ 50,000 | |
| For Parents | Deduction limit of ₹ 50,000 | |
| 8DD | ||
| Deduction towards payments made towards Maintenance or Medical treatment of a Disabled Dependent or Paid / Deposited any amount under relevant approved scheme | Flat deduction of ₹ 75,000 available for a person with Disability, irrespective of expense incurred | |
| Flat deduction of ₹ 1,25,000 if the person has Severe Disability (80% or more) | ||
| 80DDB | ||
| Deduction towards payments made towards Medical treatment of Self or Dependant for specified diseases | Deduction limit of ₹ 40,000 (₹ 1,00,000 if Senior Citizen) | |
| 80E | ||
| Deduction towards interest payments made on loan for higher education of Self or relative | Total amount paid towards interest on loan taken | |
| 80EE | ||
| Deduction towards interest payments made on loan taken for acquisition of residential house property where the loan is sanctioned between 1st April 2016 to 31st March 2017 | Deduction limit of ₹ 50,000 on the interest paid on loan taken | |
| 80EEA | ||
| Deduction available only to individuals towards interest payments made on loan taken for acquisition of residential house property for the first time where the loan is sanctioned between 1st April 2019 to 31st March 2022 & deduction should not have been claimed u/s 80EE | Deduction limit of ₹ 1,50,000 on the interest paid on loan taken | |
| 80EEB | ||
| Deduction towards interest payments made on loan for purchase of Electric Vehicle where the loan is sanctioned between 1st April 2019 to 31st March 2023 | Deduction limit of ₹ 1,50,000 on the interest paid on loan taken | |
| 80G | ||
| Deduction towards Donations made to prescribed Funds, Charitable Institutions, etc. | Donation are eligible for deduction under the below categories | |
| Without any limit | 100% deduction or 50% deduction | |
| Subject to qualifying limit | 100% deduction or 50% deduction | |
| 80GG | ||
| Deduction towards rent paid for house & applicable to only those who are self-employed or for whom HRA is not part of Salary | ||
| Least of the following shall be allowed as deduction | ||
| Rent paid reduced by 10% of Total Income before this deduction or 5,000 per month | 25% of Total Income (excluding long term capital gains, short term capital gains under section 111A or income under section 115A or 115D) | |
| 80GGA | ||
| Deduction towards Donations made for Scientific Research or Rural Development | ||
| Donation are eligible for deduction under the below categories | ||
| Research Association or University, College or other Institution for | ||
| Scientific Research | ||
| Social Science or Statistical Research | ||
| Association or Institution for | ||
| Rural Development | ||
| Conservation of Natural Resources or for Afforestation | ||
| PSU or Local Authority or an association or institution approved by the National Committee for carrying out any eligible project | ||
| Funds notified by Central Government for | ||
| Afforestation | ||
| Rural Development | ||
| 80GGC | ||
| Deduction towards Donations made to Political Party or Electoral Trust | Deduction towards Donations made to Political Party or Electoral Trust | |
| 80TTA | ||
| Deduction on interest received on saving bank accounts by Non-Senior Citizens | Deduction limit of ₹ 10,000 | |
| 80TTB | ||
| Deduction on interest received on deposits by Resident Senior Citizens | Deduction limit of ₹ 50,000 | |
| 80U | ||
| Deductions for a resident individual taxpayer with Disability | Flat ₹ 75,000 deduction for a person with Disability, irrespective of expense incurred | |
| Flat ₹ 1,25,000 deduction for a person with Severe Disability (80% or more), irrespective of expense incurred | ||
You can download the 80C to 80U Deduction List PDF using the link given below.
