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Allowable Deductions from Gross Total Income

Deductions allowable under various sections of Chapter VIA of Income Tax Act

• Under section 80C (Various investments)
• Under section 80CCC (Premium for Annuity plans)
• Under section 80CCD (Contribution to Pension Account)
• Under section 80D (Medical/ Health Insurance)
• Under section 80DD (Rehabilitation of Handicapped Dependent Relative)
• Under section 80DDB (Medical Expenditure on Self or Dependent Relative)
• Under section 80E (Interest on Loan for Higher Studies)
• Under section 80G (Various Donations)
• Under section 80GG (House Rent Paid)
• Under section 80U (Employee suffering from Physical Disability)
• Under section 80RRB (Royalty of a Patent)