80CCC

Income Tax Deductions Under Chapter VIA Section 80C to 80U

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Income Tax Deductions of Chapter VI A  Exemptions, Deductions Chapter VI A of Income Tax covers deductions made under section 80C to Section 80U. Here we are discussing about what are the possible deductions under Chapter VI A which reduces tax burden on taxpayer. If the individual income increases, they end up with higher taxes. …

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80C, 80CCC, 80CCD Tax Saving Options Investment Spending

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What is Income Tax Section 80C? Section 80C is a big advantage to salaried persons. Salaried employees can claim upto Rs.1.5 lakh rupees under Section 80C, 80CCC, and 80CCD(1) combined. Section 80C along with 80CCC, 80CCD gives mixture of activities. The Section 80C came into effect 1st April 2006. If an employee plans to invest …

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