What is80c and 80ccc

what is in 80c
80ccc
80ccd
Replies (2)
Quick Summary
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
Https://cleartax.in/s/80c-80-deductions-amp

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register