Section 80C of Income Tax Act, 1961

GPTKB entity

Predicate	Object
gptkbp:instanceOf	gptkb:section_of_Indian_law
gptkbp:appliesTo	individuals Hindu Undivided Families (HUFs)
gptkbp:compatibleWith	companies partnership firms
gptkbp:country	gptkb:India
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) 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:providesFor	deduction from gross total income
gptkbp:purpose	encourage savings and investments
gptkbp:relatedTo	gptkb:Section_80CCC Section 80CCD
gptkbp:replacedBy	Section 88 of Income Tax Act, 1961
gptkbp:taxBenefitType	deduction from taxable income
gptkbp:bfsParent	gptkb:Public_Provident_Fund
gptkbp:bfsLayer	7
https://www.w3.org/2000/01/rdf-schema#label	Section 80C of Income Tax Act, 1961