Chapter No. 07 - Deduction u/s 80CCC

Particulars	AY 2015-16	AY 2016-17
PPF (80C)	1,10,000	1,10,000
Annuity policy of LIC (80CCC)	41,000	41,000
TOTAL	1,51,000	1,51,000
Amount deductible u/s 80C & 80CCC (Subject to maximum ceiling limit of 1,50,000 as per Section 80CCE)	1,50,000	1,50,000

Deduction under section 80CCE limits combined 80C and 80CCC claims for contributions to savings instruments. Contributions to Public Provident Fund and an annuity policy eligible under Section 80CCC are deductible but subject to the aggregate ceiling under Section 80CCE; when combined eligible deductions across Sections 80C and 80CCC exceed the statutory limit, the deductible amount is restricted to that ceiling and any excess is disallowed.