Chapter VIA Deductions at a Glance, List of all Income Tax deductions from u/s 80C to 80U. Chapter VIA List of All Deductions at a Glance, Deduction under Chapter VI-A. Here we are providing a list of all deductions covered under Chapter VIA of the Income-tax act. In this article, we provide a complete list of deductions with the Name of the Section, Brief details for Section, List of Assessee who can avail of that exemption, Amount of Deduction, etc.
Find Short dýetails for Every Deductions like – Deduction under Section 80C, Maximum Deduction allowed u/s 80C, Deduction u/s 80CCC, Deduction u/s 80G, Deduction u/s 80U, Deduction u/s 80E, Deduction u/s 80D, Deduction u/s 80IA etc. Recently we provide an special article on “Paying Tax is better than Saving Tax!“. Now you can scroll down below and check more details for Chapter VIA List of All Deductions at a Glance
Chapter VIA Deductions at a Glance
In this article we provide list of all Deductions are available under Chapter VIA of Income tax. In this article we provide list of all deductions by section wise covered under Chapter VIA. Now check below table for Chapter VIA List of All Deductions at a Glance.
| Sections | Particulars | Allowed to | Quantum of deduction |
| 80C | Deduction in respect of Life Insurance Premium, Contribution to Provident Fund, etc.
Deduction in respect of contribution to certain pension funds |
Individual and HUF | Max. Rs.1,50,000 |
| 80CCC | Deduction in respect of contribution to certain pension funds | Only individuals | Max. Rs.1,50,000 |
| 80CCD | Deduction in respect of contribution to notified pension scheme of Central Government | Salaried employee or self employed individual | Employer and employee contribution not exceeding 10% of salary in each case. Maximum deduction to an employee or self employed person for his contribution limited to Rs.1,00,000 |
| 80CCE | Limit on deductions under sections 80C, 80CCC and 80CCD (1) | N.A. | Rs.1,50,000 |
| 80CCG | Deduction in respect of investment made in an equity saving scheme | Individual who is resident in India | 50% of the amount invested or Rs.25,000 whichever is less |
| 80D | Deduction in respect of medical insurance premium | Individual or HUF whether resident or non – resident | In case of individual – Maximum Rs.25,000 |
| 80DD | Deduction in respect of maintenance including medical treatment of dependant who is a person with disability | For senior citizen
Individual or HUF resident in India |
Addl. Rs.5,000
Rs.50,000 or Rs.1,00,000 in case of a person with severe disability |
| 80DDB | Deduction in respect of medical treatment, etc. | Individual or HUF resident in India | Max.Rs.40,000 |
| 80E | Deduction for interest paid on loan | For senior citizen
Individual whether resident or not |
Addl. Rs.20,000
Actual amount paid |
| 80EE | Deduction in respect of interest on loan sanctioned during financial year 2013 – 14 for acquiring residential house property | Individual only | Maximum Rs. 50,000 |
| 80G | Deduction in respect of donations to certain funds, charitable institutions, etc. | All assesses | (a) 100% or 50% of eligible donations, without applying qualifying limit in certain cases |
| 80GG | Deductions in respect of rent paid | Individual only | (b) 100% or 50% of eligible donations, after applying – Qualifying limit of 10% of adjusted GTI, Maximum Rs.2,000 p.m. |
| 80GGA | Deduction in respect of certain donations for scientific research or rural development, etc. | All assesses not having business income | 100% of sum donated |
| 80GGB | Deduction in respect of contributions given by companies to political parties | Company assessee | Amount so contributed |
| 80GGC | Deduction in respect of contributions given by any person to political parties | Any assessee other than local authority and every artificial juridical person wholly or partly funded by the Government | Amount so contributed |
| 80 – IA | Deduction in respect of profits and gains from industrial undertakings or enterprises engaged in infrastructure development, etc. | Industrial undertaking or enterprises engaged in infrastructure development, etc. | 30% to 100% of profits |
| 80 – IAB | Deduction in respect of profits and gains by an undertaking a enterprise engaged in development of Special Economic Zone | Undertaking/enterprises engaged in development of Special Economic Zone | 100% of profits for 10 consecutive assessment years |
| 80- IB | Deduction in respect of profits and gains from certain industrial undertakings other than infrastructure development, etc. | All assesses engaged in the business of industrial undertakings/hotels/ships/ infra – structure development/ scientific and industrial research and development | 25% to 100% for prescribed no. of years |
| 80-IC | Deduction in respect of certain undertakings or enterprises in certain special category States | All assesses deriving income from an under takings or enterprises situated in special category States which begin manufacturing/production between specified dates | 25% to 100% of profits |
| 80 –ID | Deduction in respect of profits and gains from business of hotels in specified area or world heritage site and convention centres in specified area | All assesses deriving income from the business of hotels and convention centres in specified area | 100% of the profit for 5 consecutive years |
| 80-IE | Special provisions in respect of certain undertakings in North Eastern States | All assesses deriving income from eligible undertaking in any North Eastern States | 100% of the profit for 10 consecutive years |
| 80JJA | Deduction in respect of profits and gains from business of collecting and processing of bio degradable waste | All assesses | 100% of profit for 5 years |
| 80JJAA | Deduction in respect of employment of new workmen | Only Indian companies | 30% of additional wages for 3 years |
| 80LA | Deduction in respect of certain incomes of Offshore Banking Units | Only Scheduled Banks owing offshore banking units in a special economic zone | 100% of income for first 5 years and 50% for next five years |
| 80QQB | Deduction in respect of royalty income, etc., of authors of certain books other than text books | Individuals | 100% of such income or Rs.3,00,000, whichever is lower. |
| 80RRB | Deduction in respect of royalty on patents | Individual who is resident in India and is a patentee | 100% of such income or Rs.3,00,000 whichever is less |
| 80TTA | Deduction in respect of interest on deposits in saving accounts | Individual or HUF | Maximum Rs.10,000 |
| 80U | Deduction in the case of a person with disability | Resident individuals | Rs.50,000 in case of a person with disability and Rs.1,00,000 in case of a person with severe disability |
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