Calculate Deductions Available under Chapter VI

SectionBrief Information about the SectionAmount
80CAmount paid or deposited towards life insurance, contribution to Provident Fund set up by the Government, recognized Provident Fund, contribution by the assessee to an approved superannuation fund, subscription to National Savings Certificates, tuition fees, payment/ repayment for purposes of purchase or construction of a residential house and many other investments. For full list, please refer to section 80C of the Income-tax Act. ( The aggregate amount of deduction under section 80C, 80CCC and 80CCD(1) shall not exceed Rs. 1,50,000/- )
80CCCDeduction for Payment of premium for annuity plan of LIC or any other insurer. Deduction is available upto a maximum of Rs. 150,000/-.

The premium must be deposited to keep in force a contract for an annuity plan of the LIC or any other insurer for receiving pension from the fund.

80CCD(1)Deduction for contribution in pension scheme notified by the Government to the extent of 10% of salary in case of employees and 10% of total income in case of others.
Total deduction available under section 80(C) + 80CCC + 80CCD(1) Maximum - Rs. 1.50 lacs
80CCD(1B)Maximum Deduction of Rs. 50,000/- for contribution in National Pension Scheme. The deduction is in addition to the maximum deduction of Rs. 1,50,000/- available under 80C, 80CCC and 80CCD(1).
80CCD(2)Contribution by employer in pension scheme notified by the Government to the extent of 10% of salary.
80CCGDeduction is available upto 50% of the amount invested in listed shares to individual resident upto AY 2019-20, whose gross total income is not more than 12 lacs and who claimed benefit under this section for AY 2017-18 and earlier years.
( Maximum Deduction available Rs. 25,000/- )
80DDeduction for Medical Insurance Premium for Self and family members.
( Maximum Deduction available Rs. 30,000/- for Senior Citizens and Rs. 25,000/- for others. )
< 60years
> 60 years
Deduction for Medical Insurance Premium of Parents (Father or mother or both).
( Maximum Deduction available Rs. 30,000/- for Senior Citizens parents and Rs. 25,000/- in other cases. )
< 60years
> 60 years
80DDDeduction for maintenance including medical treatment of dependent who is a person with disability.
( Maximum : Rs. 125,000/- in case of severe disability (more than 80%) and Rs. 75,000/- in other cases. )
General Disability
Severe Disability
80DDBDeduction for the amount actually paid, whichever is less for expenditure actually incurred on self or dependent relative for medical treatment of specified disease or ailment.
Rs. 80,000 for Very Senior Citizen, Rs. 60,000 for Senior Citizen and Rs. 40,000 for others
< 60 years
> 60 years
< 80 years
> 80 years
80EDeduction for interest on loan taken for pursuing higher education. The deduction is also available for the purpose of higher education of a relative.
80GDeduction for donations to certain funds, charitable institutions, etc. The various donations specified in Sec. 80G are eligible for deduction upto either 100% or 50% with or without restriction as provided in Sec. 80G
80GGDeduction for House Rent Paid. ( Maximum Deduction Rs. 60000/- )
80GGADeduction for certain donations for scientific research or rural development
80GGCDeduction for contributions given by any person to political parties
80QQBDeduction for royalty on Books.
a) In case of Lump sum payment - Amount of royalty income subject to maximum of Rs. 3,00,000
b) In other cases - amount of such income subject to maximum of 15% of value of books sold during the previous year.
80RRBDeduction for royalty on patents. ( Maximum Deduction Rs. 3,00,000/- )
80TTADeduction for interest on Saving accounts. ( Maximum Deduction Rs. 10,000/- )
80UDeduction in case of a person with disability. ( Maximum: General disability - Rs. 75,000/-, Severe disability - Rs. 1,25,000/-. ) General Diability
Severe Diability
Total Amount of Eligible Deductions under Chapter VI