Section 80U of the Income Tax Act of 1961 allows differently-abled people to claim tax deductions based on the severity of their disabilities and medical proof.

Section 80EE of the Income Tax Act allows deductions on the interest paid on a home loan.

The last date to file an income tax return (ITR) without a late fee is July 31; all resident Indian citizens with taxable income must file their tax returns.  

Section 24 of the Income-tax Act of 1961 allows taxpayers to claim tax deductions against home loan interest and income from a rental property in a financial year. Learn more.

Both sections 80CCC and 80C of the Income-tax Act, 1961, allow deductions from the annual income, but the aggregate of the deductions cannot exceed Rs 1.5 lakh.

New tax regime has eliminated various deductions under the Income-tax Act. Read on to learn if you can claim standard deductions in FY2022-23