Save Rs 499. Go Ad-Free with CAclubindia Pro for 2 Full Years. Subscribe Now!

banner_ad

80C Limit in IT Act

This query is : Resolved

Share Report Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

27 December 2010 Is limit of sec.80C Limit extended to 125000 and 80CCF "Infrastructural Bonds" to 25000 for F.Y. 2010-2011 ???

CA Shailesh Kumar Bhagat

CA Shailesh Kumar Bhagat (Expert)
Follow

27 December 2010 Rs. 120000 ( 20000 for bonds)

Message likes : 1 times

CA Vinay Gandhi

CA Vinay Gandhi (Expert)
Follow

27 December 2010 I agree with the expert

vinu vasudevan

vinu vasudevan (Expert)
Follow

27 December 2010 The total deduction under Sec 80C(alongwith section 80CCC and 80CCD) is limited to Rs. 1 lakh only. An additional deduction upto a maximum of Rs. 20,000/- will be available from Assessment Year 2011-12 (FY 2010-11) for investment in Infrastructure Bonds.

Rahul Gupta

Rahul Gupta (Expert)
Follow

27 December 2010 Agreed with the above experts.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CCI Pro

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

CCI Pro

Meet our CAclubindia PRO Members

Pro Member K.Govindarajan

K.Govindarajan

Pro Member Shantaveeresh Manur

Shantaveeresh Manur

Pro Member madhu sudan

madhu sudan

Pro Member Dhairya Sanghvi

Dhairya Sanghvi

Pro Member sunjeev batra

sunjeev batra

Follow us

add to google news

Answer Query

Quick Links

Browse by Category

Latest Job Openings

View all

Featured 28 May 2026

SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details

26 May 2026

Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details

12 June 2026

Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details

26 May 2026

Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details

09 June 2026

Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details

ARTICLESHIP 31 May 2026

Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details

22 May 2026

U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details

22 May 2026

Audit assistant

Displayandbeyond

Mumbai

CA

View Details