Any sum paid to a university/institution which undertake scientific research Any sum paid to National Urban Poverty Education Fund Deduction to be 15 80GGA Any sum paid to a public sector claimed while filing company or local authority set up by return of income the National Committee Any sum paid to National Urban Poverty Eradication Fund set up by Government Persons suffering from permanent Rs.75,000 if physical Disability and includes disability is over Autism, Cerebral Multiple 40% and 16 80U Disability, Person with Disability and Rs.1, 25,000/- if Severe Disability. It should be certified by disability is over the medical authority. 80%. Interest earned on normal savings bank account maintained with a banking company, co-operative society, or post Maximum 17 80TTA office up to a maximum of Rs. 10,000/- Deduction of will be exempted from income tax. This Rs.10,000/- will be over and above Rs.1, 50,000/- deduction u/s 80C. Deductions under Chapter VI-A will be allowed only on production of relevant documents in original.
15 80GGA Any sum paid to a university/institution which undertake scientific research Any sum paid to National Urban Poverty Education Fund Any sum paid to a public sector company or local authority set up by the National Committee Any sum paid to National Urban Poverty Eradication Fund set up by Government Deduction to be claimed while filing return of income 16 80U Persons suffering from permanent physical Disability and includes Autism, Cerebral Multiple Disability, Person with Disability and Severe Disability. It should be certified by the medical authority. Rs.75,000 if disability is over 40% and Rs.1, 25,000/- if disability is over 80%. 17 80TTA Interest earned on normal savings bank account maintained with a banking company, co-operative society, or post office up to a maximum of Rs. 10,000/- will be exempted from income tax. This will be over and above Rs.1, 50,000/- deduction u/s 80C. Maximum Deduction of Rs.10,000/- Deductions under Chapter VI-A will be allowed only on production of relevant documents in original.
INCOME%20TAX%20CIRCULAR%20F.Y%202016-17.docx