Difference between Section 80C and 80CCC of the Income Tax Act, 1961

Buy a Life Insurance Plan in a few clicks

Now you can buy life insurance plan online.

Kotak e-Term Plan

Protect Your family’s financial future with Kotak e-Term Plan. Know more

Kotak Assured Savings Plan

A plan that offer guaranteed returns and financial protection for your family. Know more

Kotak Guaranteed Savings Plan

A plan that offers long term savings and insurance in one premium. Know more

Kotak e-Invest

Insurance and investment in one plan with Kotak e-Invest. Know more

Kotak Health Shield

Insurance against medical expenses related to heart, brain, liver and Cancer. Know more

Difference between Section 80C and 80CCC of the Income Tax Act, 1961

Difference between Section 80C and 80CCC of the Income Tax Act, 1961
  • 8th Feb 2022 |
  • 3,258

Section 80CCC of the Income Tax Act is a tax-benefit for individuals with taxable incomes - especially the ones that have an income that falls under the higher tax slab and they avail deductions that help them reduce their taxable income. It came into effect from the 1st April 1997.

However, before seeking the deductions under various heads and sub-heads, the earning professionals should briefly understand the difference between Section 80C and 80CCC of Income Tax. Eligible individuals can avail various deductions and limits under these two sections of the IT Act and use the benefits associated with them depending on the kind of investments and expenditures they have. As a citizen of India, the deductions under these sections, such as 80CCD and 80CCC, will reduce a person’s taxable pay and the subsequent assessment risk as well. The maximum limit for the deductible amount stands at ₹1.5 Lakhs.

Difference between Section 80C, 80CCC, 80CCD and 80D deductions of the Income Tax Act


Any person is qualified for tax on savings under sections 80C and 80CCC of the income tax act. However, Hindu Undivided Families (HUF) cannot avail these benefits. As per the Income Tax Department, a singular citizen is qualified to get these deductions up to ₹1,50,000 subject to the informed conditions. Further, the Central Board of Direct Taxes (CBDT) has referenced that the total amount of the deductions under Section 80C, Section 80CCC and Section 80CCD will not exceed INR 1,50,000, regardless of whether the assesse is a senior resident or a regular citizen.

Key Features

  • The classification under the deduction of 80CCC Income Tax should be identified with getting benefits mentioned under Section 10 (23AAB). The sum should be paid out of the pay chargeable to the liability. It ought to be noticed that allowance can’t exceed the available pay.
  • Rewards or interests acquired from the strategy are not qualified to be guaranteed as an assessment allowance under Section 80CCC of the Income Tax Act.
  • The pension fund is liable for taxes and is a part of the income that has been gained in the previous year.
  • The amount of the annuity plan’s surrender, regardless of whether it is whole or part, is chargeable.
  • The pension acquired from the annuity plan is chargeable under tax.

Distinction Between Sections 80C vs 80CCC

  • The fundamental difference between Income Tax Section 80C and Section 80CCC is that under Section 80C, the sum to be paid may come from the income that isn’t chargeable under tax.
  • People who have paid money in abundance and yet have put money into schemes of LIC, PPF, Mediclaim, or other insurance agencies might guarantee these allowances under the section and get a discount on the charges paid while filing their Income Tax Returns.
  • Residents and Non-Residents of India might get the allowances accessible under Section 80CCC. Be that as it may, by no means, a Hindu Undivided Family is qualified for allowances under this section.
  • An individual cannot get further exemptions after crossing the limit of ₹1.5 Lakhs under the benefits under Section 80C, Section 80CCC and 80CCD (1).



Deductions upto ₹ 1,50,000/- on taxable income

Tax deductions with respect to contributions made toward pension/annuity plans

Only HUFs and individuals can file under this section.

Only HUFs and individuals can file under this section.

Tax on savings is a feasible option that safeguards earning individuals so that they can reduce their taxes and make beneficial and rewarding expenditures and investments. Deductions are a reliable option that give rise to savings opportunities for a better tomorrow.

Kotak Guaranteed Savings Plan


  • Enhanced Protection Through Riders
  • Life Cover
  • Tax Savings
  • Multiple Premium Payment Terms
  • @ Guaranteed Loyalty Additions
  • Accrued Guaranteed@ Additions

Ref. No. KLI/22-23/E-BB/490


Browse our library of resources

- A Consumer Education Initiative series by Kotak Life

Similar Articles

How To Save Tax Better with 80C

Investment Proofs You Need Submit To Lower TDS Cut From Your Salary

Income Tax Slabs and Rates in India for FY 2021-22/AY 2022-23

Tax Saving Guide for 2019-20

Form 16, Form 16A, and Form 16B?

Insurance and Endowment: Everything You Need to Know!

The Difference Between Gross Income & Total Income in Calculating Income Tax

Income Tax Filing For NRI in India

What is Challan 280? How to Pay your Income Tax Online with Challan 280?

Tax Benefits for Startups in India

How to File Income Tax Return without Form 16

How to save tax for salaried person?

What is the Last ITR Filing Date and Penalty for Late Filing of ITR?

Tax Planning and Tax Benefits of Life Insurance

Home Investment Plan to Buy Dream Home

Budget 2019: Impact on the Common Man in India

How to Download Form 16?

Tax Exemption and Scope of Coverage

Section 10 (10d) of Income Tax Act, 1961 on Payouts of Life Insurance Policy

Tax Saving Options for Salaried Employees

How can I get Form 16B from traces?

ITR 2 Form – Complete Guide

E-Filing of Income Tax Returns in India

What are the Tax Benefits of Sukanya Samriddhi Yojana (SSY)?

Role of Life Insurance in Your Financial Portfolio

How to Check Income Tax Refund Status Online in India

What is HRA (House Rent Allowance) and How is HRA Exemption Calculated?

How to Check Income Tax Refund Status Online in India

Income Tax Deductions & Exemptions under Sections 80C, 80D & 80DDB for FY 2020-21 & 2021-22

Save Income Tax by 31st March: Here Is a Checklist

Saving Income tax in 2017 - 18

Why Tax Planning Should Be an All-year Round Activity

What is Section 80C Deduction Limit?

Section 80C Deductions as per Income Tax Act, 1961

What is Form 26AS - All You Need To Know

What is Salary Protection Insurance and Why You Need It

Income Tax Exemption for Physically Handicapped Dependent

5 Unusual Investments You Didn't Know for Saving Taxes in India

How to View 26AS and Download Form 26AS Online

52 Weeks Savings Plan: Daily Savings Plans for a Better Tomorrow

Section 44AD of Income Tax Act for AY 2020-21

All about TDS Payment Online & Due Dates

How Much Money This Budget 2019 Can Help You Save

Received an Income Tax Notice? Your Guide to Understanding Intimations under Section 143 (1)

Have You Considered Term Insurance a Part of Your Tax Planning?

How to File ITR Online

Tax-Free Income in India

What is the Difference between Form 16 and Form 16A?

Why is Form 16 Important?

What are Direct Taxes? How to Avoid being Overtaxed?

What is Tax Deduction at Source (TDS)?

Tax Structure in India

Income Tax Deductions for Disabled Person Under Section 80U

What is the Difference Direct Tax and Indirect Tax

Tax Saving for Self Employed in India

What are the Different Types of Taxes in India?

9 Point Guide on how to File Income Tax Return Online

What To Do If Your TDS Is Not Deposited With The Government?

Understanding Tax Exemptions in ULIP (Old and New)

Penalty For Late Filing TDS Return

Section 80E: Tax Exemption on Interest on Education Loan

Financial Planning and Best investment options for Housewives

Income Tax Deduction Under Section 80CCC In India

Tax Saving Options other than Section 80C

How to Pay Advance Tax Online in India

A Comprehensive Guide to Understand the ITR 7 Form

How to File Form 16 for Salaried Employees?

What is Form 16B?

ITR-6: Guide to filing ITR-6 Form online

Are Financial Planning and Tax Planning the Same Thing?

How to Claim TDS Refund for Excess TDS Deduction

Section 80G of Income Tax Act

Tax Benefit of Investing in Term Plan

How do I Calculate My Term Insurance Premium

How to File TDS Return?

What is Section 80C Deduction?

Tax Benefits of ULIP Plans Available for NRIs

5 Popular Tax-Saving Schemes in India

आयकर स्लैब 2021-2022

What is Form 16A?

How to Save Tax on Salary Arrears?

What is the Percentage of Tax Deducted at Source (TDS)?

LTC Cash Voucher Scheme October 2020 – Everything You Need to Know

Types of Income Tax Return (ITR) Forms

How to Get Form 16?

What Is Advance Tax and How Is It Calculated?

How to file Form 16 online?

Do Beneficiaries Pay Taxes on Life Insurance?

How to Check Income Tax Returns Status Onine?

Income Tax Filing Using Multiple Form 16

Impact of GST on Life Insurance in India

Tax Deductions You MUST Know

Everything You Need to Know About Tax Benefits of National Pension Scheme (NPS)

A Complete Guide for Filing ITR 3 Form

Can You Get Term Insurance Without Income Proof?

How to View 26AS and Download Form 26AS Online?

When Should TDS be Deducted and Who is Liable to Deduct it?

Why January Is an Important Month for Saving Tax?

How to Save Income Tax with Insurance

Investing Lump Sum Amount

Sub-sections Under Section 80C of the Income Tax Act, 1961

Guaranteed Return Plans-Why is it a must for you?

All You Need to Know About Section 80C

Difference between Section 80C, 80CCC, 80CCD & 80D

What is Section 10D of the Income Tax Act?

What is Tax Evasion and What Are The Penalties For Tax Evasion In India?

Union Budget Highlights – 1st February 2022

Top 8 Tax-Saving Methods in India- Budget Planning

Tips to plan your savings in 2019

धारा 80डी आयकर अधिनियम, 1961

Pradhan Mantri Suraksha Bima Yojana

Presumptive Taxation for Business and Profession

Income Tax Deductions Under Section 80C

How to e file ITR on Income Tax Government Portal

A Guide to Life Insurance Policy’s Tax Benefits and Taxability

What is ITR 5 Form and How to File ITR 5?

What is Section 195 of the Income Tax Act? TDS on Non-Residents of India

9 Income Tax Myths That Could Cost You Money while Filing returns

Guide for Tax Calculation on your Salary

Section 16 of the Income Tax Act (ITA), 1961

Tax-Savings Investments and Options in India

What is TDS Refund Process?

Section 80D - Medical and Health Insurance Tax Benefits Under Section 80D

All about TDS on Salary under Section 192 – Kotak Life

What is TDS Slab?

How To Save Tax Using Life Insurance?

What is the TDS Rate on Salary?

TDS Due Dates of FY 2020-21 For Return Filing

Problems People Face with Tax Returns after a Job Change

What Investment Options Come with Tax Incentives?

What is ITR & How to File Income Tax Return

7 Important Things to Remember While Investing in a Savings Investment Plan

What is Section 80C - Explained in Detail

Tax Saving Tips: Best Ways to Save Income Tax for 2021

Interest Imposed Under Section 234A, 234B and 234C

List of Important Income Tax FAQs

All about Online Income Tax Calculator

Tax Season Is Coming- Know How to Save Tax

Types of Riders in Insurance Policy

How to File Income Tax Return - Everything You Need To Know

How to File Form 10E for Tax Relief on Salary Arrears?

What is Section 80CCC of the Income Tax Act 1961

धारा 80सी आयकर अधिनियम, 1961

What is TDS Exemption Limit?

ITR 1: Sahaj Form

9 Tax Changes in Budget 2019 that may Impact Your Personal Financial Planning

Income Tax Benefits for Doctors

How to e-Verify your Income Tax Return

Things to Do After Filing Income Tax Returns

Income Tax Exemption for Disabled

How to File Income Tax Return for First Time Tax Payers

Financial Benefits and Government Schemes Every Woman in India Should Know