wat is 80c Deductions?
Answers were Sorted based on User's Feedback
Answer / ullas patil kulkarni
Section 80c is the subheading under chapter 6A, it is
related to the investments like Pf,lic
premium,ULIP,NSC's,etc but the exemption will get upto the
amount of 1,00,000 only(including sec80C/80CCC.
Is This Answer Correct ? | 22 Yes | 3 No |
Answer / sorna
Investment upto a maximum of Rs 1 lakh so as to enjoy the
tax deduction u/s 80C / 80CCC;
Is This Answer Correct ? | 18 Yes | 4 No |
Answer / ramesh r
80C coming under one of the subheading of Chapter VIA,we
can invest upto the maximum of Rs.1lakh and the same can be
claimed for exemption.
Is This Answer Correct ? | 8 Yes | 2 No |
Answer / jagat babu sharma (9450123500)
In respect of, Under Section 80C consider under Chapter VIA
of Indian Income Tax Act,1961. including Deduction in
respect of LIC Premium, Contribution to PF, Housing Loan
repayment, Post office 5 Year Time Deposit, Senior Citizen
Saving Scheme etc. That is quantum of deduction to be avail
benefit maximum Rs. 1,00,000/- (One Lac only) to allowed to
Individual of HUF assessee.
Is This Answer Correct ? | 6 Yes | 0 No |
Answer / rajan mishra , khabar live
Under Section 80C consider under Chapter VIA
of IT. Including Deduction in
respect of LIC Premium, Contribution to Providend fund
Housing Loan
repayment, Post office 5 Year Time Deposit, Senior Citizen
Saving Scheme etc. Max Rs. 100000/-
Is This Answer Correct ? | 4 Yes | 1 No |
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