{"id":118955,"date":"2023-10-10T10:19:44","date_gmt":"2023-10-10T04:49:44","guid":{"rendered":"https:\/\/legalwindow.in\/?p=118955"},"modified":"2023-10-18T10:20:21","modified_gmt":"2023-10-18T04:50:21","slug":"section-80c-deduction-under-income-tax","status":"publish","type":"post","link":"https:\/\/www.legalwindow.in\/blog\/section-80c-deduction-under-income-tax\/","title":{"rendered":"Section 80C Deduction Under Income Tax Act, 1961"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-118973 size-full\" title=\"Section 80C Deduction Under Income Tax\" src=\"https:\/\/legalwindow.in\/wp-content\/uploads\/legal-window-content-image-9.png\" alt=\"Section 80C Deduction Under Income Tax\" width=\"1200\" height=\"630\" srcset=\"https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/legal-window-content-image-9.png 1200w, https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/legal-window-content-image-9-600x315.png 600w, https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/legal-window-content-image-9-300x158.png 300w, https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/legal-window-content-image-9-1024x538.png 1024w, https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/legal-window-content-image-9-768x403.png 768w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p><b>Section 80C of the <\/b><b>IT Act, <\/b><span style=\"font-weight: 400;\">1961<\/span><span style=\"font-weight: 400;\"> gives taxpayers a variety of deductions to reduce their taxable income. This article aims to provide an understanding of <\/span><b>Section 80C<\/b><span style=\"font-weight: 400;\">, its legal applications, provisions, and the various investments and expenses that qualify for tax deductions under this section. It also highlights the <\/span><b>maximum deduction limit<\/b><span style=\"font-weight: 400;\">, the <\/span><b>80C exemption list<\/b><span style=\"font-weight: 400;\">, and the potential <\/span><b>tax savings under 80C<\/b><span style=\"font-weight: 400;\"> that can be achieved by utilizing these provisions effectively. In this blog we&#8217;ll discuss about Section 80C Deduction Under Income Tax<\/span><\/p>\n<p><b>Contents<\/b><\/p>\n<table style=\"width: 100%;\">\n<tbody>\n<tr>\n<td style=\"border: 1px solid #555;\">\n<ul>\n<li><strong><a href=\"#section\">Section 80C of the IT Act, 1961<\/a><\/strong><\/li>\n<li><strong><a href=\"#80c\">80C Deduction Limit and Eligible Investments<\/a><\/strong><\/li>\n<li><strong><a href=\"#exemption\">80C Exemption List and Other Eligible Expenses<\/a><\/strong><\/li>\n<li><strong><a href=\"#maximizing\">Maximizing Tax Savings under Section 80C<\/a><\/strong><\/li>\n<li><strong><a href=\"#winding\">Winding Up Note<\/a><\/strong><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2 id=\"section\"><b>Section 80C of the IT Act, 1961<\/b><\/h2>\n<p><a href=\"https:\/\/incometaxindia.gov.in\/_layouts\/15\/dit\/Pages\/viewer.aspx?grp=Act&amp;cname=CMSID&amp;cval=102120000000081010&amp;searchFilter=%5b%7b%22CrawledPropertyKey%22%3a1%2c%22Value%22%3a%22Act%22%2c%22SearchOperand%22%3a2%7d%2c%7b%22CrawledPropertyKey%22%3a0%2c%22Value%22%3a%22Income-tax+Act%2c+1961%22%2c%22SearchOperand%22%3a2%7d%2c%7b%22CrawledPropertyKey%22%3a29%2c%22Value%22%3a%222023%22%2c%22SearchOperand%22%3a2%7d%5d&amp;filterBy=S&amp;optionalFilter=80C&amp;k=&amp;IsDlg=0\" target=\"_blank\" rel=\"noopener\"><b>Section 80C<\/b><\/a><b> of the IT Act,<\/b><span style=\"font-weight: 400;\"> 1961, helps taxpayers to claim deductions from their gross taxable income up to a maximum limit of Rs. 1.5 lakhs (as of the financial year 2021-22). It focuses on encouraging individuals to make investments in specified financial instruments and expenses that promote long-term savings.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The <\/span><b>deduction under section 80C<\/b><span style=\"font-weight: 400;\"> applies to individuals and Hindu Undivided Families (HUFs) and is subject to meeting specific conditions and <\/span><b>investment limits<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h2 id=\"80c\"><b>80C Deduction Limit and Eligible Investments<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The provision of section 80C offers a wide range of eligible investments, allowing taxpayers to choose based on their financial goals, risk appetite, and desired investment tenure. The following are some of the popular <\/span><b>80C deduction lists <\/b><span style=\"font-weight: 400;\">and are considered <\/span><b>investments under 80C:<\/b><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-118986 size-full\" src=\"https:\/\/legalwindow.in\/wp-content\/uploads\/Screenshot-2023-10-17-123202.png\" alt=\"\" width=\"467\" height=\"373\" srcset=\"https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Screenshot-2023-10-17-123202.png 467w, https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Screenshot-2023-10-17-123202-300x240.png 300w\" sizes=\"auto, (max-width: 467px) 100vw, 467px\" \/><\/p>\n<ul>\n<li aria-level=\"1\"><b>Life Insurance Premium: <\/b>Premiums paid towards life insurance policies, involving those issued by <a href=\"https:\/\/licindia.in\/\" target=\"_blank\" rel=\"noopener\"><span>LIC (Life Insurance Corporation)<\/span><\/a><span> or other private insurers, are eligible for deductions under <\/span><b>section 80C of the IT Act, 1961.<\/b><\/li>\n<\/ul>\n<ul>\n<li aria-level=\"1\"><b>Public Provident Fund (PPF): <\/b>Under section 80C of the IT Act, 1961 PPF is a long-term government-backed savings scheme that allows individuals to get tax benefits. Individuals can contribute to their PPF accounts and claim deductions on the amount invested, subject to the <b>maximum 80C limit.<\/b><\/li>\n<\/ul>\n<ul>\n<li aria-level=\"1\"><b>Employee Provident Fund (EPF): <\/b>Contributions made by employees towards their EPF accounts are eligible for <b>deductions under section 80C<\/b><span>. This includes both the employee&#8217;s contribution and the <\/span><b>employer&#8217;s contribution.<\/b><\/li>\n<\/ul>\n<ul>\n<li aria-level=\"1\"><b>National Savings Certificates (NSC): <\/b>Investments made in NSCs, issued by the government, qualify for <b>80C deductions.<\/b><span> The interest accrued on NSCs is taxable, but the investment amount and interest for the initial five years are eligible for deductions.<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-level=\"1\"><b>Sukanya Samriddhi Yojana: <\/b>Investments made under this <a href=\"https:\/\/www.myscheme.gov.in\/schemes\/ssy\" target=\"_blank\" rel=\"noopener\"><span>Sukanya Samridhi Yojana<\/span><\/a><span> specifically designed for the girl child can also be claimed for <\/span><b>deductions under section 80C.<\/b><\/li>\n<\/ul>\n<ul>\n<li aria-level=\"1\"><b>5-year Fixed Deposit Schemes: <\/b>Some banks offer special fixed deposit schemes with a lock-in period of five years that provide <b>tax benefits under section 80C.<\/b><\/li>\n<\/ul>\n<ul>\n<li aria-level=\"1\"><b>Tax-Saving Fixed Deposits: <\/b>Certain banks offer fixed deposit schemes specifically designed for <b>tax savings under 80C<\/b><span>, and investment up to the <\/span><b>maximum 80C limit <\/b><span>is eligible for deductions.<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-level=\"1\"><b>Equity-Linked Savings Scheme (ELSS): <\/b><a href=\"https:\/\/incometaxindia.gov.in\/Pages\/rules\/equity-linked-savings-scheme.aspx\" target=\"_blank\" rel=\"noopener\"><span>ELSS<\/span><\/a><span> is a type of mutual fund that predominantly invests in equities. Investments made in ELSS qualify for <\/span><b>deductions under section 80C.<\/b><\/li>\n<\/ul>\n<p><b>Also, read: <\/b><a href=\"https:\/\/legalwindow.in\/tax-saving-other-than-section-80c\/\" target=\"_blank\" rel=\"noopener\"><b>Exploring Tax Saving Options Other than Section 80C of the Income Tax Act, 1961<\/b><\/a><\/p>\n<h2 id=\"exemption\"><b>80C Exemption List and Other Eligible Expenses<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Apart from the aforementioned investment avenues, certain eligible expenses also qualify for <\/span><b>exemptions under section 80C<\/b><span style=\"font-weight: 400;\">. These include:<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-118987 size-full\" src=\"https:\/\/legalwindow.in\/wp-content\/uploads\/Screenshot-2023-10-17-123218.png\" alt=\"\" width=\"422\" height=\"361\" srcset=\"https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Screenshot-2023-10-17-123218.png 422w, https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Screenshot-2023-10-17-123218-300x257.png 300w\" sizes=\"auto, (max-width: 422px) 100vw, 422px\" \/><\/p>\n<ul>\n<li aria-level=\"1\"><b>Home Loan Principal Repayment: <\/b>The principal component of Equated Monthly Installment (EMI) paid towards a home loan is eligible for <b>exemptions under Section 80C<\/b><span>.<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-level=\"1\"><b>Tuition Fees: <\/b>Payments made towards the education of up to two children for full-time courses in recognized educational institutions can be claimed under section 80C.<\/li>\n<\/ul>\n<ul>\n<li aria-level=\"1\"><b>Senior Citizens Savings Scheme (SCSS): <\/b>Investments made in the SCSS, designed for senior citizens, also provide <b>deductions under section 80C.<\/b><\/li>\n<\/ul>\n<h2 id=\"maximizing\"><b>Maximizing Tax Savings under Section 80C<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">To maximize <\/span><b>Section 80C tax deduction<\/b><span style=\"font-weight: 400;\">, individuals are advised to analyze their financial goals, risk appetite, and investment horizon carefully. Diversification across various eligible investments helps to balance risk and optimize returns, ensuring tax efficiency.<\/span><\/p>\n<p><b>Also, read: <\/b><a href=\"https:\/\/legalwindow.in\/income-tax-deduction-under-section-80ccc-in-india\/\" target=\"_blank\" rel=\"noopener\"><b>Income Tax Deduction under section 80CCC in India<\/b><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<h2><a href=\"https:\/\/legalwindow.in\/itr-filing-for-individuals\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-108712\" src=\"https:\/\/legalwindow.in\/wp-content\/uploads\/File-your-Income-Tax-Return.png\" alt=\"File your Income Tax Return!\" width=\"1000\" height=\"200\" srcset=\"https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/File-your-Income-Tax-Return.png 1000w, https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/File-your-Income-Tax-Return-600x120.png 600w, https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/File-your-Income-Tax-Return-300x60.png 300w, https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/File-your-Income-Tax-Return-768x154.png 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/a><\/h2>\n<h2 id=\"winding\"><b>Winding Up Note<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Section 80C of the Income Tax Act provides taxpayers with a substantial opportunity to reduce their tax liability through a multitude of eligible investments and expenses. By carefully selecting from the <\/span><b>80C deduction <\/b><span style=\"font-weight: 400;\">list and making informed investment decisions, individuals can <\/span><b>maximize tax savings<\/b><span style=\"font-weight: 400;\"> and secure their long-term financial future.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In case of any query regarding <\/span><b>Section 80C Deduction Under the Income Tax Act, 1961,<\/b><span style=\"font-weight: 400;\"> feel free to connect with our legal experts at\u00a0<\/span><a href=\"https:\/\/legalwindow.in\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Legal Window<\/span><\/a><span style=\"font-weight: 400;\">\u00a0at\u00a0<\/span><b>72407-51000.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Section 80C of the IT Act, 1961 gives taxpayers a variety of deductions to reduce their taxable income. This article aims to provide an understanding of Section 80C,&hellip;<\/p>\n","protected":false},"author":4,"featured_media":118978,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-118955","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-income-tax"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Section 80C Deduction Under Income Tax &#187; Legal Window<\/title>\n<meta name=\"description\" content=\"Section 80C Deduction Under Income Tax- Section 80C of the IT Act, 1961 gives taxpayers variety of deductions to reduce their taxable income.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.legalwindow.in\/blog\/section-80c-deduction-under-income-tax\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Section 80C Deduction Under Income Tax &#187; Legal Window\" \/>\n<meta property=\"og:description\" content=\"Section 80C Deduction Under Income Tax- Section 80C of the IT Act, 1961 gives taxpayers variety of deductions to reduce their taxable income.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.legalwindow.in\/blog\/section-80c-deduction-under-income-tax\/\" \/>\n<meta property=\"og:site_name\" content=\"Legal Window\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/legalwindow.in\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-10T04:49:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-18T04:50:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/legal-window-content-image-9.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"CS Garima Kothari (B.COM, MBA)\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"CS Garima Kothari (B.COM, MBA)\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/section-80c-deduction-under-income-tax\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/section-80c-deduction-under-income-tax\\\/\"},\"author\":{\"name\":\"CS Garima Kothari (B.COM, MBA)\",\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/#\\\/schema\\\/person\\\/a7d792fb3d624b37c80fc19d03e265e4\"},\"headline\":\"Section 80C Deduction Under Income Tax Act, 1961\",\"datePublished\":\"2023-10-10T04:49:44+00:00\",\"dateModified\":\"2023-10-18T04:50:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/section-80c-deduction-under-income-tax\\\/\"},\"wordCount\":737,\"publisher\":{\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/section-80c-deduction-under-income-tax\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/wp-content\\\/uploads\\\/Copy-of-LW-FIMG-10.png\",\"articleSection\":[\"Income Tax\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/section-80c-deduction-under-income-tax\\\/\",\"url\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/section-80c-deduction-under-income-tax\\\/\",\"name\":\"Section 80C Deduction Under Income Tax &#187; Legal Window\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/section-80c-deduction-under-income-tax\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/section-80c-deduction-under-income-tax\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/wp-content\\\/uploads\\\/Copy-of-LW-FIMG-10.png\",\"datePublished\":\"2023-10-10T04:49:44+00:00\",\"dateModified\":\"2023-10-18T04:50:21+00:00\",\"description\":\"Section 80C Deduction Under Income Tax- Section 80C of the IT Act, 1961 gives taxpayers variety of deductions to reduce their taxable income.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/section-80c-deduction-under-income-tax\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/section-80c-deduction-under-income-tax\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/section-80c-deduction-under-income-tax\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/wp-content\\\/uploads\\\/Copy-of-LW-FIMG-10.png\",\"contentUrl\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/wp-content\\\/uploads\\\/Copy-of-LW-FIMG-10.png\",\"width\":800,\"height\":800,\"caption\":\"Section 80C Deduction Under Income Tax\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/section-80c-deduction-under-income-tax\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Section 80C Deduction Under Income Tax Act, 1961\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/\",\"name\":\"Legal Window\",\"description\":\"Legal Solution Provider\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/#organization\",\"name\":\"LegalWindow\",\"url\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/legalwindow.in\\\/blog\\\/wp-content\\\/uploads\\\/LW-Logo-2.png\",\"contentUrl\":\"https:\\\/\\\/legalwindow.in\\\/blog\\\/wp-content\\\/uploads\\\/LW-Logo-2.png\",\"width\":1245,\"height\":357,\"caption\":\"LegalWindow\"},\"image\":{\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/legalwindow.in\\\/\",\"https:\\\/\\\/www.instagram.com\\\/legalwindow.in\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/legal-window\\\/\",\"https:\\\/\\\/in.pinterest.com\\\/legalwindow\\\/\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCFtHKxaXtK4WjOe9UytbX9A\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/#\\\/schema\\\/person\\\/a7d792fb3d624b37c80fc19d03e265e4\",\"name\":\"CS Garima Kothari (B.COM, MBA)\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/8ccdb3bf3b37225ebe071d711de1b7d46784a1394377d0eee0b130d81bd2d180?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/8ccdb3bf3b37225ebe071d711de1b7d46784a1394377d0eee0b130d81bd2d180?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/8ccdb3bf3b37225ebe071d711de1b7d46784a1394377d0eee0b130d81bd2d180?s=96&d=mm&r=g\",\"caption\":\"CS Garima Kothari (B.COM, MBA)\"},\"description\":\"Company Secretary and diligent learner deeply immersed in the world of corporate law, compliance, and governance with a focus on developing a robust foundation in legal principles and corporate practices. Passionate about exploring the intricacies of company law, regulatory compliance, and corporate governance.\",\"sameAs\":[\"https:\\\/\\\/legalwindow.in\"],\"url\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/author\\\/capulkitgoyal\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Section 80C Deduction Under Income Tax &#187; Legal Window","description":"Section 80C Deduction Under Income Tax- Section 80C of the IT Act, 1961 gives taxpayers variety of deductions to reduce their taxable income.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.legalwindow.in\/blog\/section-80c-deduction-under-income-tax\/","og_locale":"en_US","og_type":"article","og_title":"Section 80C Deduction Under Income Tax &#187; Legal Window","og_description":"Section 80C Deduction Under Income Tax- Section 80C of the IT Act, 1961 gives taxpayers variety of deductions to reduce their taxable income.","og_url":"https:\/\/www.legalwindow.in\/blog\/section-80c-deduction-under-income-tax\/","og_site_name":"Legal Window","article_publisher":"https:\/\/www.facebook.com\/legalwindow.in\/","article_published_time":"2023-10-10T04:49:44+00:00","article_modified_time":"2023-10-18T04:50:21+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/legal-window-content-image-9.png","type":"image\/png"}],"author":"CS Garima Kothari (B.COM, MBA)","twitter_card":"summary_large_image","twitter_misc":{"Written by":"CS Garima Kothari (B.COM, MBA)","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.legalwindow.in\/blog\/section-80c-deduction-under-income-tax\/#article","isPartOf":{"@id":"https:\/\/www.legalwindow.in\/blog\/section-80c-deduction-under-income-tax\/"},"author":{"name":"CS Garima Kothari (B.COM, MBA)","@id":"https:\/\/www.legalwindow.in\/blog\/#\/schema\/person\/a7d792fb3d624b37c80fc19d03e265e4"},"headline":"Section 80C Deduction Under Income Tax Act, 1961","datePublished":"2023-10-10T04:49:44+00:00","dateModified":"2023-10-18T04:50:21+00:00","mainEntityOfPage":{"@id":"https:\/\/www.legalwindow.in\/blog\/section-80c-deduction-under-income-tax\/"},"wordCount":737,"publisher":{"@id":"https:\/\/www.legalwindow.in\/blog\/#organization"},"image":{"@id":"https:\/\/www.legalwindow.in\/blog\/section-80c-deduction-under-income-tax\/#primaryimage"},"thumbnailUrl":"https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Copy-of-LW-FIMG-10.png","articleSection":["Income Tax"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.legalwindow.in\/blog\/section-80c-deduction-under-income-tax\/","url":"https:\/\/www.legalwindow.in\/blog\/section-80c-deduction-under-income-tax\/","name":"Section 80C Deduction Under Income Tax &#187; Legal Window","isPartOf":{"@id":"https:\/\/www.legalwindow.in\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.legalwindow.in\/blog\/section-80c-deduction-under-income-tax\/#primaryimage"},"image":{"@id":"https:\/\/www.legalwindow.in\/blog\/section-80c-deduction-under-income-tax\/#primaryimage"},"thumbnailUrl":"https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Copy-of-LW-FIMG-10.png","datePublished":"2023-10-10T04:49:44+00:00","dateModified":"2023-10-18T04:50:21+00:00","description":"Section 80C Deduction Under Income Tax- Section 80C of the IT Act, 1961 gives taxpayers variety of deductions to reduce their taxable income.","breadcrumb":{"@id":"https:\/\/www.legalwindow.in\/blog\/section-80c-deduction-under-income-tax\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.legalwindow.in\/blog\/section-80c-deduction-under-income-tax\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.legalwindow.in\/blog\/section-80c-deduction-under-income-tax\/#primaryimage","url":"https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Copy-of-LW-FIMG-10.png","contentUrl":"https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Copy-of-LW-FIMG-10.png","width":800,"height":800,"caption":"Section 80C Deduction Under Income Tax"},{"@type":"BreadcrumbList","@id":"https:\/\/www.legalwindow.in\/blog\/section-80c-deduction-under-income-tax\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.legalwindow.in\/blog\/"},{"@type":"ListItem","position":2,"name":"Section 80C Deduction Under Income Tax Act, 1961"}]},{"@type":"WebSite","@id":"https:\/\/www.legalwindow.in\/blog\/#website","url":"https:\/\/www.legalwindow.in\/blog\/","name":"Legal Window","description":"Legal Solution Provider","publisher":{"@id":"https:\/\/www.legalwindow.in\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.legalwindow.in\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.legalwindow.in\/blog\/#organization","name":"LegalWindow","url":"https:\/\/www.legalwindow.in\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.legalwindow.in\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/legalwindow.in\/blog\/wp-content\/uploads\/LW-Logo-2.png","contentUrl":"https:\/\/legalwindow.in\/blog\/wp-content\/uploads\/LW-Logo-2.png","width":1245,"height":357,"caption":"LegalWindow"},"image":{"@id":"https:\/\/www.legalwindow.in\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/legalwindow.in\/","https:\/\/www.instagram.com\/legalwindow.in\/","https:\/\/www.linkedin.com\/company\/legal-window\/","https:\/\/in.pinterest.com\/legalwindow\/","https:\/\/www.youtube.com\/channel\/UCFtHKxaXtK4WjOe9UytbX9A"]},{"@type":"Person","@id":"https:\/\/www.legalwindow.in\/blog\/#\/schema\/person\/a7d792fb3d624b37c80fc19d03e265e4","name":"CS Garima Kothari (B.COM, MBA)","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/8ccdb3bf3b37225ebe071d711de1b7d46784a1394377d0eee0b130d81bd2d180?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/8ccdb3bf3b37225ebe071d711de1b7d46784a1394377d0eee0b130d81bd2d180?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/8ccdb3bf3b37225ebe071d711de1b7d46784a1394377d0eee0b130d81bd2d180?s=96&d=mm&r=g","caption":"CS Garima Kothari (B.COM, MBA)"},"description":"Company Secretary and diligent learner deeply immersed in the world of corporate law, compliance, and governance with a focus on developing a robust foundation in legal principles and corporate practices. Passionate about exploring the intricacies of company law, regulatory compliance, and corporate governance.","sameAs":["https:\/\/legalwindow.in"],"url":"https:\/\/www.legalwindow.in\/blog\/author\/capulkitgoyal\/"}]}},"_links":{"self":[{"href":"https:\/\/www.legalwindow.in\/blog\/wp-json\/wp\/v2\/posts\/118955","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.legalwindow.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.legalwindow.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.legalwindow.in\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.legalwindow.in\/blog\/wp-json\/wp\/v2\/comments?post=118955"}],"version-history":[{"count":4,"href":"https:\/\/www.legalwindow.in\/blog\/wp-json\/wp\/v2\/posts\/118955\/revisions"}],"predecessor-version":[{"id":119020,"href":"https:\/\/www.legalwindow.in\/blog\/wp-json\/wp\/v2\/posts\/118955\/revisions\/119020"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.legalwindow.in\/blog\/wp-json\/wp\/v2\/media\/118978"}],"wp:attachment":[{"href":"https:\/\/www.legalwindow.in\/blog\/wp-json\/wp\/v2\/media?parent=118955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.legalwindow.in\/blog\/wp-json\/wp\/v2\/categories?post=118955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.legalwindow.in\/blog\/wp-json\/wp\/v2\/tags?post=118955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}