ZipLaw
Income-tax Act Chapter VIII
The Income-tax Act, 2025

Chapter VIII Deductions to Be Made in Computing Total Income

Sections
33 · sections 122 to 154
Amended
4 of 33
  1. A.—General
  2. Section 122 Deductions to be made in computing total income
  3. B.—Deductions in respect of certain payments
  4. Section 123 Deduction for life insurance premia, deferred annuity, contributions to provident fund, etc
  5. Section 124 Deduction in respect of employer and assessee contribution to pension scheme of Central Government
  6. Section 125 Deduction in respect of contribution to Agnipath Scheme
  7. Section 126 Deduction in respect of health insurance premia
  8. Section 127 Deduction in respect of maintenance including medical treatment of a dependant who is a person with disability
  9. Section 128 Deduction in respect of medical treatment, etc
  10. Section 129 Deduction in respect of interest on loan taken for higher education
  11. Section 130 Deduction in respect of interest on loan taken for residential house property
  12. Section 131 Deduction in respect of interest on loan taken for certain house property
  13. Section 132 Deduction in respect of purchase of electric vehicle
  14. Section 133 Deduction in respect of donations to certain funds, charitable institutions, etc
  15. Section 134 Deductions in respect of rents paid
  16. Section 135 Deduction in respect of certain donations for scientific research or rural development
  17. Section 136 Deduction in respect of contributions given by companies to political parties
  18. Section 137 Deduction in respect of contributions given by any person to political parties
  19. C.—Deductions in respect of certain incomes
  20. Section 138 Deductions in respect of profits and gains from industrial undertakings or enterprises engaged in infrastructure development, etc
  21. Section 139 Deductions in respect of profits and gains by an undertaking or enterprise engaged in development of Special Economic Zone
  22. Section 140 Special provision in respect of specified business 1 amendment
  23. Section 141 Deduction in respect of profits and gains from certain industrial undertakings
  24. Section 142 Deductions in respect of profits and gains from housing projects
  25. Section 143 Special provisions in respect of certain undertakings in North-Eastern States
  26. Section 144 Special provisions in respect of newly established Units in Special Economic Zones
  27. Section 145 Deduction for businesses engaged in collecting and processing of bio-degradable waste
  28. Section 146 Deduction in respect of additional employee cost
  29. Section 147 Deductions for income of Offshore Banking Units and Units of International Financial Services Centre 2 amendments
  30. Section 148 Deduction in respect of certain inter-corporate dividends
  31. Section 149 Deduction in respect of income of co-operative societies 5 amendments
  32. Section 150 Deduction in respect of income of federal co-operative 1 amendment
  33. Section 151 Deduction in respect of royalty income, etc., of authors of certain books other than text-books
  34. Section 152 Deduction in respect of royalty on patents
  35. D.—Deductions in respect of other incomes
  36. Section 153 Deduction for interest on deposits
  37. E.—Other deductions
  38. Section 154 Deduction in case of a person with disability