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Chapter 8
Deductions to Be Made in Computing Total Income
33 sections (122–154)
- 122Deductions to be made in computing total income
- 123Deduction for life insurance premia, deferred annuity, contributions to provident fund, etc
- 124Deduction in respect of employer contribution to pension scheme of Central Government
- 125Deduction in respect of contribution to Agnipath Scheme
- 126Deduction in respect of health insurance premia
- 127Deduction in respect of maintenance including medical treatment of a dependant who is a person with disability
- 128Deduction in respect of medical treatment, etc
- 129Deduction in respect of interest on loan taken for higher education
- 130Deduction in respect of interest on loan taken for residential house property
- 131Deduction in respect of interest on loan taken for certain house property
- 132Deduction in respect of purchase of electric vehicle
- 133Deduction in respect of donations to certain funds, charitable institutions, etc
- 134Deductions in respect of rents paid
- 135Deduction in respect of certain donations for scientific research or rural development
- 136Deduction in respect of contributions given by companies to political parties
- 137Deduction in respect of contributions given by any person to political parties
- 138Deductions in respect of profits and gains from industrial undertakings or enterprises engaged in infrastructure development, etc
- 139Deductions in respect of profits and gains by an undertaking or enterprise engaged in development of Special Economic Zone
- 140Special provision in respect of specified business
- 141Deduction in respect of profits and gains from certain industrial undertakings
- 142Deductions in respect of profits and gains from housing projects
- 143Special provisions in respect of certain undertakings in North-Eastern States
- 144Special provisions in respect of newly established Units in Special Economic Zones
- 145Deduction for businesses engaged in collecting and processing of bio-degradable waste
- 146Deduction in respect of additional employee cost
- 147Deductions for income of Offshore Banking Units and Units of International Financial Services Centre
- 148Deduction in respect of certain inter-corporate dividends
- 149Deduction in respect of income of co-operative societies
- 150Deduction in respect of certain income of Producer Companies
- 151Deduction in respect of royalty income, etc., of authors of certain books other than text-books
- 152Deduction in respect of royalty on patents
- 153Deduction for interest on deposits
- 154Deduction in case of a person with disability