e-Filing for AY 2016-2017 has stopped. You can still use ClearTax to generate a paper return.
You can claim a deduction of upto Rs. 1,50,000
under this section.
Add up all your 80C deduction and specify total amount here.
Investment for Section 80C
Section 80C includes contributions to LIC / Insurance premium, PPF, EPF, NSC, ELSS Mutual Funds, Children school fees, Payment of Principal in Housing Loan & other eligible items.
PRO-TIP: For the current financial year, try to invest Rs. 1,50,000 in 80C to maximise on tax savings.
You should claim the entire 80C amount, even if you forgot to submit investment proofs for 80C to your HR. Even if your Form-16 does not have the total 80C amount, you can claim right now. Just keep your investment proofs with yourself safely.
If you changed jobs, remember to add EPF contribution from all your employers in 80C. EPF is employee provident fund.
80C: PPF (Public Provident Fund), Sukanya Samridhi, ULIPs, Insurance premium, Five year fixed deposits, Postal deposits, ELSS Mutual Funds are eligible for 80C. Children school fees, payment of principal of housing loan is also eligible.
Interest earned on Savings Bank Account
You do not need to enter a value for the 80TTA deduction here.
ClearTax automatically picks it up from your declared interest income from Saving Bank account and Post office deposits..
The Tax Department does not require you to submit documents related to deductions while e-Filing.
Just keep the documents / receipts in case
the Tax Department requests you for them later on.
Filing return yourself is Free.
If you need a CA's help, you can opt for our paid plans starting ₹799.