Powered by Google TranslateTranslate
Menu
Search
Search

Do 80CCC and 80CCD fall under 80C or are they separate tax incentives for investments? Are they above the 80C limit of Rs. 1,50,000?

Question

Do 80CCC and 80CCD fall under 80C or are they separate tax incentives for investments? Are they above the 80C limit of Rs. 1,50,000?

Expert Answer
Answered 25 Nov 2022
2027 views

A deduction under section 80C, section 80CCC, and section 80CCD(1) may be combined; however, as per 80CCE, the total deduction under all three sections cannot exceed INR 1,50,000.

Ready to Start Your Business Journey?

Download our comprehensive guides to help you understand the business landscape in India and make informed decisions.

Have questions? Let's talk! Schedule Free Consultation