Sr No.
Section Particulars Amount of deduction
1. 80C ● Contribution to PPF ● Sum paid or deposited subject to
● LIC Premium payment maximum of 1,50,000
● Repayment of housing loan
● Term deposit for a fixed period of not less than 5 years
● Tuition fees of any two children of indian university
2. 80CCC ● Contribution to certain pension funds ● Sum paid or deposited subject to a
maximum of 1,50,000
3. 80CCD ● Contribution to pension scheme by an employee (NPS & ● 10% of salary (Employees contribution)
APY) ○
● Contribution to pension scheme by employer (NPS & APY) ● 14% of salary (Employers contribution)
4. 80CCE ● Maximum permissible deduction u/s 80C,80CCC & ● 1,50,000
80CCD
5. 80CCH ● Contribution to Agniveer corpus fund ● Whole of sum deposited or paid
6. 80D ● Medical insurance premium paid otherwise than by cash in ● 25,000 or 50,000 in case individual or his
case of self, spouse & dependent children spouse is a senior citizen
● Medical insurance premium paid otherwise than by cash to ● 25,000 or 50,000 in case both parents
keep in force an insurance on health of parents whether are senior citizen
dependent or not
● Total deduction cannot exceed ● 50,000
7. 80DD ● Medical treatment of disabled dependent individual ● Flat deduction of 75,000 (1,25,000 in
case of severe disability)
8. 80E ● Interest on loan taken for higher education ● Interest paid in the year of
commencement of interest payment
9. 80EE ● Interest on loan borrowed from any HFC, PFI for ● Up to 50,000
acquisition of residential house property
● CONDITIONS :
[Link] sanctioned between 2016-17
[Link] sanctioned less than or equal to
35 Lakhs
[Link] of house less than or equal to 50
Lakhs
[Link] should not own any
residential house on date of sanction of
loan
10. 80EEA ● Interest on loan borrowed from any HFC, PFI for ● Up to 1,50,000
acquisition of residential house property
● CONDITIONS :
[Link] sanctioned between 2019-22
[Link] of house less than or equal to 45
Lakhs
[Link] should not own any
residential house on date of sanction of
loan
11. 80EEB ● Interest payable on loan borrowed from an FI or NBFC for ● Up to 1,50,000 (Loan sanctioned
purchase of electric vehicle between 2019-23)
12. 80GGB ● Contribution to political party ● Actual contribution
13. 80JJAA ● Employment of new employees ● 30% of additional employee cost
(Allowable for 3 assessment years)
14. 80TTA ● Interest on deposits in savings account ● Maximum 10,000
15. 80TTB ● Interest on deposits ● Maximum 50,000
16. 80QQB ● Royalty income ● Maximum 3,00,000
17. 10AA ● Profits from an undertaking on a unit established in a SEZ ● Amount of deduction = Profits of unit in
SEZ x Export turnover of unit in SEZ/
Total turnover of unit in SEZ;
Year 1-5 - 100% of such profits
Year 6-10 - 50% of such profits
Year 11-15 - 50% of such profits