The document outlines various tax deductions that can be claimed under Section 80C, 80CCC, 80CCD(1), 80CCD(1B), and 80D of the Indian Income Tax Act. It lists deductions claimed for life insurance premiums (₹23,126), provident fund contributions (₹21,600), tuition fees (₹74,400), Sukanya Samriddhi account (₹40,000), and medical insurance premiums (₹16,019). The maximum deductions that can be claimed under various sections are ₹1,50,000 under 80C, ₹1,50,000 under 80CCC,
The document outlines various tax deductions that can be claimed under Section 80C, 80CCC, 80CCD(1), 80CCD(1B), and 80D of the Indian Income Tax Act. It lists deductions claimed for life insurance premiums (₹23,126), provident fund contributions (₹21,600), tuition fees (₹74,400), Sukanya Samriddhi account (₹40,000), and medical insurance premiums (₹16,019). The maximum deductions that can be claimed under various sections are ₹1,50,000 under 80C, ₹1,50,000 under 80CCC,
The document outlines various tax deductions that can be claimed under Section 80C, 80CCC, 80CCD(1), 80CCD(1B), and 80D of the Indian Income Tax Act. It lists deductions claimed for life insurance premiums (₹23,126), provident fund contributions (₹21,600), tuition fees (₹74,400), Sukanya Samriddhi account (₹40,000), and medical insurance premiums (₹16,019). The maximum deductions that can be claimed under various sections are ₹1,50,000 under 80C, ₹1,50,000 under 80CCC,
The document outlines various tax deductions that can be claimed under Section 80C, 80CCC, 80CCD(1), 80CCD(1B), and 80D of the Indian Income Tax Act. It lists deductions claimed for life insurance premiums (₹23,126), provident fund contributions (₹21,600), tuition fees (₹74,400), Sukanya Samriddhi account (₹40,000), and medical insurance premiums (₹16,019). The maximum deductions that can be claimed under various sections are ₹1,50,000 under 80C, ₹1,50,000 under 80CCC,
150000/-) 1 Life Insurance Premium(LIC) ₹ 23,126.00 2 Provident Fund(PF) ₹ 21,600.00 3 Public Provident Fund(PPF) 4 Voluntary Provident Fund(VPF) 5 National Savings Certificate(NSC) 6 Interest accrued on NSC(Re-invested) 7 Unit Linked Insurance Policy(ULIP) 8 Equity Linked Savings Scheme(ELSS)-Mutual Fund 9 Payment for Tuition Fees for Children(Max. 2 Children) ₹ 74,400.00 10 Principal Repayment Of Housing Loan 11 Stamp Duty, Registration charges incurred for Buying House(1st Year Only) 12 Infrastructure Bonds 13 Bank Fixed Deposit For 5 Years & Above 14 Post Office Term Deposit For 5 Years & Above 15 Senior Citizen Savings Scheme 16 Sukanya Samriddhi Account Scheme ₹ 40,000.00 17 Others(Please Specify) Deduction u/s 80CCC Contribution To Certain Pension Funds Upto Rs.150000/- Deduction u/s 80CCD(1) Contribution To Pension Scheme of Central Government Upto Rs.150000/- Deduction u/s 80CCD(1B) Contribution To National Pension Scheme Upto Rs.50000/- Deduction u/s 80 80 D Medical Insurance Premium-Individual, Spouse & Children (Max. Limit-Rs.25000/- Additional Rs.25000,if any person insured is a Senior ₹ 16,019.00 Citizen) 80 D Medical Insurance Premium-Parents (Max. Limit-Rs.25000/- Additional Rs.25000,if any person insured is a Senior Citizen) 80 D Preventive Health Check-up Max. Rs.5000/- (Within overall limit of Rs.25000/50000) 80 E Interest for Loan taken for Higher Education No Limit (Only Interest portion) 80 TTA Deduction in respect of interest on deposits in saving Upto Rs.10000/- account Others (Please Specify) Income from Previous Employment:- 1. Income after exemptions 2. Provident Fund (PF) 3. Professional Tax (PT) 4. Tax Deducted At Source(TDS) Income From Other Sources:- 19121 191210 382410 152964 11176 111760 50000 150000 16019 152966 764830 603070 437051
Howard Jamison, Administrator of the Estate of Leo C. McGrath Deceased v. Miracle Mile Rambler, Inc., and Benjamin H. Kirkland, Peerless Insurance Company, Garnishee-Appellee, 536 F.2d 560, 3rd Cir. (1976)
