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wat is 80c Deductions?

Answer Posted / 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.

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