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Can I claim 80c for Previous Year Investment

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(Querist)
28 March 2009 I have made some investments in ELSS schemes for Section 80 c benefit in F.Y 2007-08. But in that year I did not claim the 80 c benefit for that investment.

So Can I claim 80 c benefit for this investment in the F.Y 2008-09.
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Laxmi Narayana Sahu

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Laxmi Narayana Sahu (Expert)
28 March 2009 No.It can only be Claimed in the Year of Investment.
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CA Nitin Wadhwani

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CA Nitin Wadhwani (Expert)
28 March 2009 No.
I Agree with the expert.



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Manmohan ACA, CS

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Manmohan ACA, CS (Expert)
28 March 2009 NO, deduction shall be made in yr of contribution or payment
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K V Subba Rao

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K V Subba Rao (Expert)
29 March 2009 Deductions are allowed on actual payment basis.

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