Income from Salary

eh

80CCC

deduction for premium paid for annuity plan of LIC or other insurers for any amt.

80CCD

deduction for contribution to pension account.

80D

deduction for premium paid for medical insurance.

max deduction = rs80,000

80DD

rehabilitation of handicapped and dependent relative.

40<disability%>80 → rs 75,000

disability%>80 → rs 1,25,000

80DDB

deduction for medical expenditure on self/relative.

max- rs 40,000 (or amt paid, whichever is lesser)

sr. citizen (>60) - rs 60,000

very sr. citizen (>80) - rs 1,00,000

80E

deduction for interest on education loans. (max 8yrs)

80EE

deduction for interest on home loans.

value of house<= 40lakhs

loan taken <= 25lakhs

80G

deduction for donation towards social causes.

not applicable for donations over rs 10,000 or 2,000 in cash.

50% for JNMF, PMDRF, IGMT, TRGF

80GG

house rent paid where HRA not received.

least of 1. rent paid -10% total income, 2. rs 5000 pm, 3. 25% of total income

80GGB

contributions given by companies to political parties.

80GGC

contributions given by person to political parties.

80RRB

income by way of royalty of a patent. lotf: rs 3lakhs or income received.

80TTA

gross total income from interest on savings bank account. max 10,000

80U

Deduction for Person suffering from Physical Disability. (blindness, mental retardation, etc.)

rs 75000

rs 125000 for severe disability