Salaried employee

This query is : Resolved

R. vishwanathan (Querist)
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26 July 2014 Please urgent

there is assessee whose income is from salary only and there is deduction of

1 general provident fund of 84000

2 gis of rs 2400

in which head of 80 c it is to be included to get deduction ..

is it statutory fund or something else.

CS Advocate Abhishek Goyal

CS Advocate Abhishek Goyal (Expert)
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26 July 2014 GPF and GIS (Group insurance) forms part of salary deduction for government employees and can be claimed u/s 80C as GPF and GI.

R. vishwanathan

R. vishwanathan (Querist)
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26 July 2014 yes it is under 80 c ,but under which of the head.
for eg.

life insu
ppf
spf
rpf
etc
please clarify
thankyou

CS Advocate Abhishek Goyal

CS Advocate Abhishek Goyal (Expert)
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26 July 2014 That's what I have said. Put them u/s 80C as GPF and GI.

R. vishwanathan

R. vishwanathan (Querist)
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26 July 2014 actually i am using software ,it is not having any option like GPF AND GIS

CS Advocate Abhishek Goyal

CS Advocate Abhishek Goyal (Expert)
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26 July 2014 Sir, if you are using computax software then it gives option for GPF where you can put value for it and for GI you can put the value in other investments eligible for 80C option. I am not familiar with any other software.