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Vineet Kapoor & Associates
Chartered Accountant Firm serving our clients since 1993
Chartered Accountant Firm serving our clients since 1993
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MOST IMPORTANT SECTIONS FOR SALARIED EMPLOYEE TO GET EXEMPTION UNDER CHAPTER VIA -- SEC. 80C, 80D, 80E, 80U, 80DDB, 80G, 80DD, 80TTA…..

1. Sec. 80C: (Max rs .1 Lac ) Life Insurance Premium For individual, policy must be in self or spouse's or any child's name, Contribution to PPF, DEPOSIT IN NSC, TUITION FEES,PRINCIPAL OF HOME LOAN REPAYMENT..
2) Section 80D: Deduction in respect of Medical Insurance..
3) Section 80DD: Deduction in respect of Rehabilitation of Handicapped Dependent Relative.
4) Section 80DDB: Deduction in respect of Medical Expenditure on Self or Dependent Relative
5) Section 80E: Deduction in respect of Interest on Loan for Higher Studies.
6) Section 80G: Deduction in respect of Various Donations.
7) Section 80U: Deduction in respect of Person suffering from Physical Disability.
 Section 80 TTA: Deduction from gross total income in respect of any Income by way of Interest on Savings account
Deduction from gross total income of an individual or HUF, upto a maximum of Rs. 10,000/-, in respect of interest on deposits in savings account ( not time deposits ) with a bank, co-operative society or post office, is allowable w.e.f. Assessment Year 2013-14.
9) AT LAST, INTEREST U/S 24b, Interest on Home Loan , maximum of rs . 150000/=

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