Deduction under Chapter VI-A

[ Sec.- 80C, 80CCC, 80CCD, 80CCF, 80CCG, 80D, 80DD, 80DDB, 80E, 80EE, 80G, 80GG, 80GGA, 80GGB, 80GGC, 80 IA, 80IB, 80IC, 80ID, 80IE, 80JJA, 80JJAA, 80LA, 80P, 80QQB, 80RRB, 80TTA, 80U ]

Deduction in respect of Profit and Gains from Industrial Undertaking or Enterprises engaged in infrastructure Development [Section 80IA]

Deduction in respect of profits and gains by an undertaking or an enterprise engaged in development of Special Economic Zone (SEZ)

Deduction in respect of certain undertaking in North-Eastern States

Deduction In Respect Of Profit And Gains From Business Of Collecting And Processing Of Bio-Degradable Waste

Deduction In Respect Of Employment Of New Employees [Section 80-JJAA] w.e.f. A.Y. 2017-18

Deduction in respect of certain incomes of Offshore Banking Units and International Financial Services Centre

Deduction in respect of income of Co-operative Societies

Deduction in respect of income of Farm Producer Companies [W.e.f. A.Y. 2019-20]

Deduction in respect of royalty income, etc., of authors of certain books other than text books [ Maximum Rs. 3,00,000]

Deduction in respect of royalty on patents [ Maximum Rs. 3,00,000]

Deduction in respect of interest on deposits in savings accounts to the maximum extent of Rs. 10,000

Senior citizen to be allowed a deduction of Rs. 50,000 on account of interest on deposits with Banks / co-operative bank / post office.

Deduction in case of a person with disability [ Maximum : Rs.1,25,000]

Important Links. for calculating Salary Income

You may also like .

APPEALS & REVISIONS - Direct Taxes
ASSESSMENT - Direct Taxes
BUSINESS OR PROFESSION - Direct Taxes
SET OFF or CARRY FORWARD and SET OFF of LOSSES - Direct Taxes
DEDUCTIONS [Section 80A to 80U Chapter VIA]- Direct Taxes
CAPITAL GAINS - Direct Taxes
HOUSE PROPERTY INCOME- Direct Taxes
INCOME FROM OTHER SOURCES- Direct Taxes
SALARY INCOME - Direct Taxes
INCOME TAX BASIC - Direct Taxes
PENALTIES & PROSECUTIONS - Direct Taxes
RETURN of INCOMES and PROCEDURE of ASSESSMENT- Direct Taxes
TDS & TCS - Direct Taxes

Tax Ready Reckoner for the A.Y. 2020-21
'Profits and Gains of Business or Professions' [Section 28 to 44]
' CAPITAL GAIN' [Section 45 to 55A]
'Salary' [Section 15 to 17]
'House Property' [ Sec. 22 to 25]
Tax Deducted at Source (TDS) [Section 190 to 206CA]

'Income from Other Sources' (Section 56)
Clubbing of Income [Section 60 to 65]
Set off or Carry Forward of Losses [Sections 70 to 80]
Deductions [Sections 80A to 80U (Chapter VIA)]
Exempted Incomes Under Section 10
Tax Collection at Source (TCS) [Section 206C]

'Assessments' Under Income Tax Act. 1961.
'Appeals' Under Income Tax Act. 1961
Payment of Advance Tax and Refund of Tax
Return of Income and Procedure of Assessment (Section 139 to 154)
Penalties Under Income Tax Act. 1961
(PAN) [Section 139A] and Aadhaar Number (Section 139AA)

All efforts are made to keep the content of this site correct and up-to-date. But, this site does not make any claim regarding the information provided on its pages as correct and up-to-date. The contents of this site cannot be treated or interpreted as a statement of law. In case, any loss or damage is caused to any person due to his/her treating or interpreting the contents of this site or any part thereof as correct, complete and up-to-date statement of law out of ignorance or otherwise, this site will not be liable in any manner whatsoever for such loss or damage.

The visitors may click here to visit the web site of Income Tax Department for resolving their doubts or for clarifications