80c
This query is : Resolved
24 March 2015
WHETHER INVESTMENT IN SUKANYA SAMRUDHI YOJNA AVAILABLE FOR INCOME TAX DEDUCTION U/S 80 C FOR THE FINANCIAL YEAR 2014-15 ?
24 March 2015
Yes deduction can be claimed in F.Y 2014-15 provided investment is made on or before 31.3.2015.
Ref: Clause 15 of Finance Bill,2015.
Ref: Clause 15 of Finance Bill,2015.
Rupesh Jain
(Expert)
24 March 2015
yes deduction u/s 80C available
it is in finance bill 2015
it is in finance bill 2015
24 March 2015
additionally max deduction allowed will be 1.50 lakhs but the int recieved in future shall be taxable as income from other sources,
24 March 2015
Sampat ji
Interest earned in this scheme as well as maturity amount is exempt from Income Tax.
Interest earned in this scheme as well as maturity amount is exempt from Income Tax.
25 March 2015
Yes sir i just checked it..thanks for correcting me...
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