Income Tax Deduction u/s 80C-80U
INCOME TAX DEDUCTION UNDER SECTION80C-80U TO INDIVIDUALS, HUF Income Tax Deduction The income Tax deduction is a decrease in tax liability from the gross taxable income. Tax deductions are reduced from total income, also known as adjusted gross income. As per the provision of the income tax act, 1961 the amount of tax deductions varies …