Chapter VIII — DEDUCTIONS TO BE MADE IN COMPUTING TOTAL INCOME
DEDUCTIONS TO BE MADE IN COMPUTING TOTAL INCOME
Sub-sections
- Section 122 — Deductions to be made in computing total income
- Section 123 — Deduction for life insurance premia, deferred annuity, contributions to pro-vident fund, etc
- Section 124 — Deduction in respect of employer and assessee contribution to pension scheme of Central Government
- Section 125 — Deduction in respect of contribution to Agnipath Scheme
- Section 126 — Deduction in respect of health insurance premia
- Section 127 — Deduction in respect of maintenance including medical treatment of a dependant who is a person with disability
- Section 128 — Deduction in respect of medical treatment, etc
- Section 129 — Deduction in respect of interest on loan taken for higher education
- Section 130 — Deduction in respect of interest on loan taken for residential house property
- Section 131 — Deduction in respect of interest on loan taken for certain house property
- Section 132 — Deduction in respect of purchase of electric vehicle
- Section 133 — Deduction in respect of donations to certain funds, charitable institutions, etc
- Section 134 — Deductions in respect of rents paid
- Section 135 — Deduction in respect of certain donations for scientific research or rural development
- Section 136 — Deduction in respect of contributions given by companies to political parties
- Section 137 — Deduction in respect of contributions given by any person to political parties
- Section 138 — Deductions in respect of profits and gains from industrial undertakings or enterprises engaged in infrastructure development, etc
- Section 139 — Deductions in respect of profits and gains by an undertaking or enterprise engaged in development of Special Economic Zone
- Section 140 — Special provision in respect of specified business
- Section 141 — Deduction in respect of profits and gains from certain industrial under-takings
- Section 142 — Deductions in respect of profits and gains from housing projects
- Section 143 — Special provisions in respect of certain undertakings in North-Eastern States
- Section 144 — Special provisions in respect of newly established Units in Special Economic Zones
- Section 145 — Deduction for businesses engaged in collecting and processing of bio-de - gradable waste
- Section 146 — Deduction in respect of additional employee cost
- Section 147 — Deductions for income of Offshore Banking Units and Units of International Financial Services Centre
- Section 148 — Deduction in respect of certain inter-corporate dividends
- Section 149 — Deduction in respect of income of co-operative societies
- Section 150 — Deduction in respect of income of federal co-operative
- Section 151 — Deduction in respect of royalty income, etc., of authors of certain books other than text-books
- Section 152 — Deduction in respect of royalty on patents
- Section 153 — Deduction for interest on deposits
- Section 154 — Deduction in case of a person with disability
Related sections
- Chapter I — PRELIMINARY
- Chapter II — BASIS OF CHARGE
- Chapter III — INCOMES WHICH DO NOT FORM PART OF TOTAL INCOME
- Chapter IV — COMPUTATION OF TOTAL INCOME
- Chapter V — INCOME OF OTHER PERSONS INCLUDED IN TOTAL INCOME OF ASSESSEE
- Chapter VI — AGGREGATION OF INCOME
- Chapter VII — SET OFF, OR CARRY FORWARD AND SET OFF OF LOSSES
- Chapter IX — REBATES AND RELIEFS
- Chapter X — SPECIAL PROVISIONS RELATING TO A VOIDANCE OF TAX
- Chapter XI — GENERAL ANTI-A VOIDANCE RULE
- Chapter XII — MODE OF PAYMENT IN CERTAIN CASES, ETC.
- Chapter XIII — DETERMINATION OF TAX IN SPECIAL CASES
- Chapter XIV — TAX ADMINISTRATION
- Chapter XV — RETURN OF INCOME
- Chapter XVI — PROCEDURE FOR ASSESSMENT
- Chapter XVII — SPECIAL PROVISIONS RELATING TO CERTAIN PERSONS
- Chapter XVIII — APPEALS, REVISIONS AND ALTERNATE DISPUTE RESOLUTIONS
- Chapter XIX — COLLECTION AND RECOVERY OF TAX
- Chapter XX — REFUNDS
- Chapter XXI — PENALTIES
- Chapter XXII — OFFENCES AND PROSECUTION
- Chapter XXIII — MISCELLANEOUS
- Schedule I — CONDITIONS FOR CERTAIN ACTIVITIES NOT TO CONSTITUTE BUSINESS CONNECTION IN INDIA
- Schedule II — INCOME NOT TO BE INCLUDED IN TOTAL INCOME
- Schedule III — INCOME NOT TO BE INCLUDED IN TOTAL INCOME OF ELIGIBLE PERSONS
- Schedule IV — INCOME NOT TO BE INCLUDED IN TOTAL INCOME OF ELIGIBLE NON- RESIDENTS, FOREIGN COMPANIES AND OTHER SUCH PERSONS
- Schedule V — INCOME NOT TO BE INCLUDED IN TOTAL INCOME OF CERTAIN ELIGIBLE PERSONS INCLUDING INVESTMENT FUNDS, BUSINESS TRUSTS AND THEIR UNIT HOLDERS
- Schedule VI — INCOME NOT TO BE INCLUDED IN TOTAL INCOME OF CERTAIN ELIGIBLE PERSONS IN INTERNATIONAL FINANCIAL SERVICES CENTRE OR HAVING INCOME THEREFROM
- Schedule VII — PERSONS EXEMPT FROM TAX
- Schedule VIII — INCOME NOT TO BE INCLUDED IN THE TOTAL INCOME OF POLITICAL PARTIES AND ELECTORAL TRUSTS
- Schedule IX — DEDUCTION FOR TEA DEVELOPMENT ACCOUNT, COFFEE DEVELOPMENT ACCOUNT AND RUBBER DEVELOPMENT ACCOUNT FOR COMPUTING INCOME UNDER THE HEAD “PROFITS AND GAINS OF BUSINESS OR PROFESSION”
- Schedule X — DEDUCTION FOR SITE RESTORATION FUND FOR COMPUTING INCOME UNDER THE HEAD “PROFITS AND GAINS OF BUSINESS OR PROFESSION”
- Schedule XI — PART A RECOGNISED PROVIDENT FUNDS
- Schedule XII — PART A MINERALS
- Schedule XIII — LIST OF ARTICLES OR THINGS
- Schedule XIV — INSURANCE BUSINESS
- Schedule XV — DEDUCTION IN RESPECT OF LIFE INSURANCE PREMIA, CONTRIBUTION TO PROVIDENT FUND, SUBSCRIPTION TO CERTAIN EQUITY SHARES, ETC.
- Schedule XVI — PERMITTED MODES OF INVESTMENT OR DEPOSITS