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80c deductions

This query is : Resolved 

31 January 2014 Business Loss= 29902, Income from other sources = 46981, and capital gain income. and LIC of Rs. 60845. Then what wiil be the amount allowed as deduction u/s 80c.???

31 January 2014 You can claim full amt as deduction.

Thx

31 January 2014 No deduction will be allowed from short tern capital gain covered u/s 111A and long term capital gain. The amount of deduction would be Rs.17079.


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