Download Automatic Master of Form 16 Part B for 100 & 50 Employees for F.Y. 2016-17.
1) Download Master of Form 16 Part B for 100 employees for F.Y.2016-17
2) Download Master of Form 16 Part B for 50 employees for F.Y.2016-17
The feature of this Excel Utility:-
1) Automatic Income Tax Calculate as per Tax Slab 2016-17
2) Prepare at a time 100 employees and 100 Employees form 16 Part B for F.Y.2016-17
3) Automatic Amount into the In-Words
4) You can prepare more than 1000 employees Form 16 Part B
5) All the Income Tax Amended Section have in this Excel Utility
Chapter VIA List of All Deductions at a Glance, List of all Income Tax deductions from u/s 80C to 80U. Hi, Friends Here we are providing a list of all deductions covered under Chapter VIA of Income tax act. In this article, we provide the complete list of deductions with Name of Section, Brief details for Section, List of Assessee’s who can avail that exemption, Amount of Deduction etc. Find Short details for Every Deduction like – Deduction under Section 80C, Maximum Deduction allowed u/s 80C, Deduction u/s 80CCC, Deduction u/s 80G, Deduction u/s 80U, Deduction u/s 80E, Deduction u/s 80D, Deduction u/s 80IA etc. Recently we provide a special article on “Paying Tax is better than Saving Tax!“. Now you can scroll down below and check more details for Chapter VIA List of All Deductions at a Glance
Chapter VIA List of All Deductions at a Glance
In this article, we provide a list of all Deductions are available under Chapter VIA of Income tax. In this article, we provide a list of all deductions by section wise covered under Chapter VIA. Now check below table for Chapter VIA List of All Deductions at a Glance.
Sections
|
Particulars
|
Allowed to
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Quantum of deduction
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80C
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Deduction in respect of Life Insurance Premium, Contribution to Provident Fund, etc.
Deduction in respect of contribution to certain pension funds
|
Individual and HUF
|
Max. Rs.1,50,000
|
80CCC
|
Deduction in respect of contribution to certain pension funds
|
Only individuals
|
Max. Rs.1,50,000
|
80CCD (1)
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Deduction in respect of contribution to notified pension scheme of Central Government
|
Salaried employee or self-employed individual
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Employer and employee contribution not exceeding 10% of salary in each case. Maximum deduction to an employee or self-employed person for his contribution limited to Rs.1,00,000
|
80CCD(2)
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Deduction in respect of contribution to the Employee’s Pension Fund by the Emplyer
|
Salaried employee or self-employed individual
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Contribution to the Employee’s Pension Fund by the Employer.This Additional Deduction out of the limit of U/s 80C Max. Rs.1.5 Lakh
|
80CCD(1B)
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Additional deduction U.s 80C out of 1.5 Lakh to the employees Pension Scheme
|
Salaried employee or self
|
Max Rs. 50,000/ as additional deduction out of 1.5 Lakh.
|
80CCE
|
Limit on deductions under sections 80C, 80CCC and 80CCD (1)
|
N.A.
|
Rs.1,50,000
|
80CCG
|
Deduction in respect of investment made in an equity saving scheme
|
Individual who is resident in India
|
50% of the amount invested or Rs.25,000 whichever is less
|
80D
|
Deduction in respect of medical insurance premium
|
Individual or HUF whether resident or non – resident
|
In case of individual – Maximum Rs.25,000 & Rs. 30,000/- for Sr.Citizen
|
80DD
|
Deduction in respect of maintenance including medical treatment of dependent who is a person with disability
|
For senior citizen
Individual or HUF resident in India
|
Addl. Rs.5,000
Rs.75,000 or Rs.1,25,000 in case of a person with severe disability
|
80DDB
|
Deduction in respect of medical treatment, etc.
|
Individual or HUF resident in India
|
Max.Rs.60,000
|
80E
|
Deduction for interest paid on loan
|
For senior citizen
Individual whether resident or not
|
Addl. Rs.20,000
Actual amount paid
|
80EE
|
Deduction in respect of interest on loan sanctioned during the financial year 2013 – 14 for acquiring residential house property
|
Individual only
|
Maximum Rs. 50,000
|
80G
|
Deduction in respect of donations to certain funds, charitable institutions, etc.
|
All assesses
|
(a) 100% or 50% of eligible donations, without applying qualifying limit in certain cases
|
