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Querist : Anonymous

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Querist : Anonymous (Querist)
22 May 2010 you think about ABC Company

X in employee ABC Company he left in jan -10 & he joind new company in Feb-10 XYZ Company he investment 80c 100000/-in March-10 plz confirm me he eligble in 80 c Deduction

X salary in 50000/-per month

what is the deducation in 80 c
in previous compay & new company

you think about ABC Company
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Akbar Mirza

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Akbar Mirza (Expert)
22 May 2010 X income shall be calculated as follow:

Salary from ABC Ltd. ......
Salary from XYZ Ltd. ......
____________
Total Gross Income ........

Less: Deduction u/s80C 100000/-
____________

Net Total Income .............

Hence Mr. X can get maximum deduction of Rs. 100000/- u/s 80C on total salary income
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Querist : Anonymous

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Querist : Anonymous (Querist)
22 May 2010 no sir this is not matter my question is

which company is given to 80 c benifit
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