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Inportant Income Tax Act 1961 Sections for claiming deductions from Income

Note:Only some selected sections are given and for personal use only.
All rules ,regulations are subject to change.
Before taking any decision check up latest rules ,eligibility and limits under various sections.
Income Tax Act-1961-as amended by Finance Act-2025

Section 80C: Deduction in respect of life insurance premia, deferred annuity, contributions to provident fund, subscription to certain equity shares or debentures, etc.

Section 80CCA -Deduction in respect of deposits under National Savings Scheme or payment to a deferred annuity plan.

Section 80CCB-Deduction in respect of investment made under Equity Linked Savings Scheme.

Section 80CCC-Deduction in respect of contribution to certain pension funds.

Section 80CCD-Deduction in respect of contribution to pension scheme of Central Government

Section 80CCE-Limit on deductions under sections 80C, 80CCC and 80CCD.

Section 80CCF:Deduction in respect of subscription to long-term infrastructure bonds.

Section 80CCG-Deduction in respect of investment made under an equity savings scheme.

Section 80D-Deduction in respect of health insurance premia.

Section 80DDB-Deduction in respect of medical treatment, etc.

Section 80E:Deduction in respect of interest on loan taken for higher education. U/S 80E of Income Tax Act 1961

Section 80EE-Deduction in respect of interest on loan taken for residential house property.

Section 80EEA-Deduction in respect of interest on loan taken for certain house property.

Section 80G-Deduction in respect of donations to certain funds, charitable institutions, etc.

Section 80GG-Deductions in respect of rents paid.

Section 80TTA-Deduction in respect of interest on deposits in savings account.

Section 80TTB-Deduction in respect of interest on deposits in case of senior citizens.

Section 87-Rebate to be allowed in computing income-tax.

Section 87A-Rebate of income-tax in case of certain individuals.

Section 89:Relief when salary, etc., is paid in arrears or in advance.

Note:Only some selected sections are given and for personal use only.
All Rules ,Regulations ,Eligibility and Limits are subject to change.
Before taking any decisions check up relevant rules or seek advice from tax consultant.