# Income Tax deductions specified under Chapter VIA of the Income Tax Act - Link: https://amaravathiteacher.com/income-tax-deductions-specified-under-chapter-via-of-the-income-tax-act/ - Published: 2021-06-08T02:43:37+05:30 - Author: Venkat # Income Tax deductions specified under Chapter VIA of the Income Tax Act | ## 80C, 80CCC, 80CD(1) | |  Deduction towards payments made to | 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 | | 80CD(1) | Pension Scheme of Central Government | | | ⌊group⌉ | Combined deduction limit of **₹ 1,50,000** | |   | ## 80CCD(1B) | | Deduction towards payments made to Pension Scheme of Central Government, excluding deduction claimed under 80CCD (1) | | ⌊group⌉ | | Deduction limit of **₹ 50,000** | | |   | ## 80CCD2 | | 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 | | ⌊group⌉ | | **₹ 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 | | ⌊group⌉ | Deduction limit of **₹ 50,000** | | | For Parents | | ⌊group⌉ | 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 | | ⌊group⌉ | | Flat deduction of **₹ 75,000** available for a person with Disability, irrespective of expense incurred | | The deduction is **₹ 1,25,000** if the person has Severe Disability (80% or more).= | | |   | ## 80DD(1B) | |   Deduction towards payments made towards Medical treatment of Self or Dependant for specified disease | | ⌊group⌉ | | 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 | | ⌊group⌉ | 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 | | ⌊group⌉ | Deduction limit of **₹ 50,000** on the interest paid on loan taken | |   | ## 80EEA | | Deduction 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 | | ⌊group⌉ | 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 | | ⌊group⌉ | Deduction limit of ₹ 1,50,000 on the interest paid on loan taken | |   | ## 80G | | Deduction towards Donations made to certain Funds, Charitable Institutions, etc. Donation are eligible for deduction under the below categories | Without any limit | | ⌊group⌉ | | **100% **deduction | | **50%** deduction | | | | Subject to qualifying limit | | ⌊group⌉ | | **100% **deduction | | **50% **deduction | | |     **Note**: No deduction shall be allowed under this section in respect of donation made in cash exceeding  ₹ 2000/- |   | ## 80GG | | Deduction towards rent paid for house & applicable only 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 | ₹ 5,000 per month | 25% of Total Income before this deduction | **Note:** Form 10BA to be filled for claiming this deduction. |   | ## 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 | | National Urban Poverty Eradication Fund as setup and notified by Central Government |   | ⌊info⌉ | **Note:** No deduction shall be allowed under this Section in respect of donation made in cash exceeding ₹  2000/- or if Gross Total Income includes income from Profit / Gains of Business / Profession | | | ## 80GGC | |   Deduction towards Donations made to Political Party or Electoral Trust | | ⌊group⌉ | | Deduction towards Donations made to Political Party or Electoral Trust | | |   | ## 80TTA | |   Deduction on interest received on saving bank accounts by Non-Senior Citizens | | ⌊group⌉ | | Deduction limit of **₹ 10,000/-** | | | | ## 80TTB | |   Deduction on interest received on deposits by Resident Senior Citizens | | ⌊group⌉ | | Deduction limit of **₹ 50,000/-** | | |   | ## 80U | |   Deductions for an individual taxpayer with Disability | | ⌊group⌉ | | 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 | | |   ### 󠀁[AP TEACHERS LATEST NEWS](https://amaravathiteacher.com/category/ap-teachers-latest-news/)󠁿 * [ NEW AP SSC Exam Fee Online Payment – AP SSC March 2027 Fee Due Dates ](https://amaravathiteacher.com/ap-ssc-exam-fee-online-payment/) * [ NEW SA1 Question Papers 2026 PDF Download – 1st to 5th Classes | Telugu, English, Maths, EVS ](https://amaravathiteacher.com/sa1-question-papers-2026-1st-to-5th-classes/) * [ AP DSC 2026 Notification PDF Download – 2721 Vacancies, Syllabus – Apply Online ](https://amaravathiteacher.com/ap-dsc-2026-notification-apply-online/) * [ APPSC AEE Recruitment 2026 – 503 Assistant Executive Engineer Posts ](https://amaravathiteacher.com/appsc-aee-recruitment-2026-notification-503-posts/) * [ AP Local Body Elections 2026 Remuneration Rates – GO 1086 | ఎన్నికల సిబ్బంది రెమ్యునరేషన్ ](https://amaravathiteacher.com/ap-local-body-election-remuneration-rates-2026-go-1086/) * [ GVMC Teachers School Educational Subordinate Service Rules, 2026 G.O.Ms.No.40 ](https://amaravathiteacher.com/gvmc-teachers-school-educational-subordinate-service-rules-2026-g-o-ms-no-40/) * [ Vijayawada Municipal Corporation Teachers School Educational Subordinate Service Rules 2026 GO No 39 ](https://amaravathiteacher.com/vijayawada-municipal-corporation-teachers-school-educational-subordinate-service-rules-2026-go-no-39/) * [ AP Municipal Corporation Teachers Service Rules 2026 GO 38 ](https://amaravathiteacher.com/ap-municipal-corporation-teachers-service-rules-2026-go-38/) * [ AP Municipal School Educational Subordinate Service Rules 2026, GO Ms 37 ](https://amaravathiteacher.com/ap-municipal-school-educational-subordinate-service-rules-2026-go-ms-37/) * [ AP School Education (Govt) Subordinate Service Rules 2026 – G.O.Ms.No.35 ](https://amaravathiteacher.com/ap-school-education-govt-subordinate-service-rules-2026-g-o-ms-no-35/) [View More ](https://amaravathiteacher.com/category/ap-teachers-latest-news/) ### 󠀁[TEACHERS SOFTWARES](https://amaravathiteacher.com/category/teachers-softwares/)󠁿 * [ SMC Elections 2026 Notification Voters List Download ](https://amaravathiteacher.com/smc-elections-2026-notification-voters-list-download/) * [ Income Tax Online Calculator FY 2026-27 ](https://amaravathiteacher.com/income-tax-online-calculator-fy-2026-27/) * [ Student id Card Download ](https://amaravathiteacher.com/student-id-card-download/) * [ AP DA Arrears Calculator 2026 ](https://amaravathiteacher.com/ap-da-arrears-calculator-2026/) * [ AP New DA Salary Calculator ](https://amaravathiteacher.com/ap-new-da-salary-calculator/) * [ AP EHS Hospitals List ](https://amaravathiteacher.com/ap-ehs-hospitals-list/) * [ AP Teachers ID Card Download ](https://amaravathiteacher.com/ap-teachers-id-card-download/) * [ Pdf Compressor Online ](https://amaravathiteacher.com/pdf-compressor-online/) * [ Online image compressor ](https://amaravathiteacher.com/online-image-compressor/) * [ AP Medical Reimbursement Proposal Software ](https://amaravathiteacher.com/ap-medical-reimbursement-proposal-software/) [View More ](https://amaravathiteacher.com/category/teachers-softwares/)