04 August 2016
Dear sir plz tell me what deduction made in A.Y 16-17 after 1.5 lac taken
in other words can I avail deduction more than 1.5 lac in any condition in A.Y 16-17
04 August 2016
Rs. 150,000 deduction is available u/s 80C; and Rs. 50,000 deduction is available u/s 80CCD (Contribution to pension scheme); Up to Rs. 2,00,000 deduction (set off) against other heads of income is available for interest on housing loan of a self occupied property; etc.
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