Sign In
x

The Income Tax Department NEVER asks for your PIN numbers, passwords or similar access information for credit cards, banks or other financial accounts through e-mail.

The Income Tax Department appeals to taxpayers NOT to respond to such e-mails and NOT to share information relating to their credit card, bank and other financial accounts.

Continue >
ask 1800 180 1961/ 1961

​​​​​​​​​​​​​​​​​​​​​

 

 

Limit on deductions under sections 80C, 80CCC and 80CCD4506842/27/2019 9:19:10 AMaggregate amount of deductions under section 80C, section 80CCC and sub-section (1) of 79https://www.incometaxindia.gov.in/Acts/Income-tax Act, 1961/2018htmlFalsehtmActIncome-tax Act, 196180CCECHAPTER VIADeductions to be made in computing total income2018{13896cd1-2b32-4ec2-8593-d8603ef8120d}587081d5e35f4-95b1-4705-ad33-f92c024fd01chttps://www.incometaxindia.gov.in
Tax benefits due to life insurance policy, health insurance policy and expenditure on medical treatment16772Payment of premium on life insurance policy, health insurance policy and expenditure on medical treatment not only gives insurance cover to a taxpayer but also offers certain tax benefits. In this part you can gain knowledge about deductions available to a taxpayer on account of payment of life insurance premium, payment of health insurance premium and expenditure on medical treatment. 4/14/2020 5:24:12 PM[As amended by Finance Act, 2020 before claiming these deductions under section 80C to 80U: 1) No deduction under Chapter VI-A (under section 80C to 80U) shall be allowed from the 55535https://www.incometaxindia.gov.in/Tutorials/Forms/AllItems.aspxpdfFalsepdfTutorial{903058ee-bf1e-4514-bbd4-e628472da78b}1261d5e35f4-95b1-4705-ad33-f92c024fd01chttps://www.incometaxindia.gov.in
Finance Bill3770827/5/2019 7:21:57 PMCHAPTER II RATES OF INCOME-TAX 2. Income-tax Amendment of section 80C Insertion of new sections 80EEA and 80EEB Insertion of new sections 194M and 194N Amendment of Act 4 of 1938 10623https://www.incometaxindia.gov.in/Budgets and Bills/2019pdfFalsepdfBudgetFINANCE (NO. 2) BILL2019{cc9cf5ca-a3ec-47f9-b55f-ca7b4cfdd77f}4841d5e35f4-95b1-4705-ad33-f92c024fd01chttps://www.incometaxindia.gov.in
Deductions allowable to tax payer15065​Income-tax Act provides certain deductions to compute the actual taxable income. The nature of deductions from total income is different for each category of income. The document will provide a list of all deductions available to different categories of taxpayers for different categories of incomes and the conditions thereof.4/27/2020 7:29:18 AMSection Nature of deduction Who can claim 25A(2) Standard deduction of 30 per cent of arrears of rent or unrealised rent received All assessees However, if an asset is acquired 228732https://www.incometaxindia.gov.in/Charts Tables/Forms/AllItems.aspxhtmlFalsehtmCharts & Tables{26b89a4f-398f-430e-bccf-2f9843f0620c}331d5e35f4-95b1-4705-ad33-f92c024fd01chttps://www.incometaxindia.gov.in
Amendment of section 80C.4130549/12/2014 3:04:36 PMIn section 80C of the Income-tax Act, with effect from the 1st day of April, 1972 (a) for sub-section (1), the following sub-section shall be substituted, namely https://www.incometaxindia.gov.in/Acts/Finance Acts/1971htmlFalsehtmActFinance Acts15EMPTYEMPTY1971{13896cd1-2b32-4ec2-8593-d8603ef8120d}523691d5e35f4-95b1-4705-ad33-f92c024fd01chttps://www.incometaxindia.gov.in
Income from House Property (Practical)4058996/5/2014 12:43:26 PMAdvance Learning on Income from House Property (Practical) Meaning of House Property:- House property consists of any building or land appurtenant thereto of which the assessee 4575https://www.incometaxindia.gov.in/Documents/Students/LearningpdfFalsepdf{6da74bef-4aea-484a-a870-02587928d7dc}1941d5e35f4-95b1-4705-ad33-f92c024fd01chttps://www.incometaxindia.gov.in
Tax Calculators​​​​90827/27/2017 4:31:26 PMThe Income Tax Department NEVER asks for your PIN numbers, passwords or similar access information for credit cards, banks or other financial accounts through e-mail 3806366https://www.incometaxindia.gov.in/Pages/Forms/AllItems.aspxhtmlFalseaspx{5d5a1cf6-fa5e-49b7-aa9b-bf6d76dfeca1}6271d5e35f4-95b1-4705-ad33-f92c024fd01chttps://www.incometaxindia.gov.in
Deductions allowable to tax payer231335/2/2020 1:31:02 PMaggregate of the deduction that may be claimed under sections 80C, 80CCC and 80CCD is part of gross qualifying amount for the purpose of deduction under section 80C 23058https://www.incometaxindia.gov.in/Documents/Left MenuhtmlFalsehtmOthers{6da74bef-4aea-484a-a870-02587928d7dc}3991d5e35f4-95b1-4705-ad33-f92c024fd01chttps://www.incometaxindia.gov.in
Limit on deductions under sections 80C, 80CCC and 80CCD4368916/13/2014 6:47:34 PMThe following section 80CCE shall be inserted after section 80CCD by the Finance Act amount of deductions under section 80C, section 80CCC and section 80CCD shall 3https://www.incometaxindia.gov.in/Acts/Income-tax Act, 1961/2005htmlFalsehtmActIncome-tax Act, 196180CCECHAPTER VIDEDUCTIONS TO BE MADE IN COMPUTING TOTAL INCOME2005{13896cd1-2b32-4ec2-8593-d8603ef8120d}194461d5e35f4-95b1-4705-ad33-f92c024fd01chttps://www.incometaxindia.gov.in
Deferred Tax Calculator3275541/24/2018 7:00:22 AMDEDUCTION UNDER SECTION 80C Add More saving scheme eligible for section 80C Notified pension fund eligible for section 80C 146830https://www.incometaxindia.gov.in/Pages/toolshtmlFalseaspx{5d5a1cf6-fa5e-49b7-aa9b-bf6d76dfeca1}7481d5e35f4-95b1-4705-ad33-f92c024fd01chttps://www.incometaxindia.gov.in