This discussion clarifies the distinctions between tax deductions under Section 80C, 80CCC, and 80CCD of the Income Tax Act. Section 80C covers deductions for specified investments, while 80CCC relates to contributions made to pension funds, including those with LIC or other insurance providers. Section 80CCD specifically addresses contributions to central government pension schemes and the New Pension Scheme.
80C is deduction for specified investments 80CCC is deduction for contribution to pension fund to LIC Or other insurance company 80CCD is contribution to pension scheme of central government/New pension scheme