Section 80C of Income Tax Act

GPTKB entity

Predicate	Object
gptkbp:instanceOf	gptkb:Section_of_Indian_Income_Tax_Act
gptkbp:appliesTo	gptkb:Hindu_Undivided_Families_(HUF) Individuals
gptkbp:compatibleWith	Companies Partnership firms
gptkbp:country	gptkb:India
gptkbp:deductionType	Tax deduction
gptkbp:eligibleInvestments	gptkb:Sukanya_Samriddhi_Account gptkb:Employee_Provident_Fund_(EPF) gptkb:Equity_Linked_Savings_Scheme_(ELSS) gptkb:National_Savings_Certificate_(NSC) gptkb:Public_Provident_Fund_(PPF) gptkb:Senior_Citizens_Savings_Scheme_(SCSS) gptkb:Unit_Linked_Insurance_Plan_(ULIP) 5-year fixed deposit with banks Life Insurance Premium Principal repayment on home loan Tuition fees for children
gptkbp:introducedIn	gptkb:Finance_Act,_2005
gptkbp:maximumDeductionLimit	Rs 1,50,000 per annum
gptkbp:partOf	gptkb:Income_Tax_Act,_1961
gptkbp:providesDeductionFor	Specified investments and expenditures
gptkbp:purpose	Encourage savings and investments
gptkbp:relatedTo	gptkb:Section_80CCC Section 80CCD
gptkbp:replacedBy	gptkb:Section_88_of_Income_Tax_Act
gptkbp:bfsParent	gptkb:National_Savings_Certificate
gptkbp:bfsLayer	6
https://www.w3.org/2000/01/rdf-schema#label	Section 80C of Income Tax Act