Section 80CCE allows deduction on certain Investments (ELSS, PPF, EPF, NSC, Sukanya Samriddhi Saving Scheme, SCSS etc.) and Expenses (Life insurance premium, home loan interest, children tuition fees) mentioned under the Income Tax Act.
The maximum limit for deductions under 80C is ₹1,50,000.
Adding deductions u/s 80CCE,
Claim your deductions on your tax saving investments in 4 simple steps,
- Navigate to Save > Begin/Edit > Deductions.
- Select Section 80CCE and click on Proceed.
- Add the deductions applicable in your case and Click on Save.
Want to see the deductions that you just added? Go to the summary view under, Tax Situation > Deductions.