Deduction of 80c for assessment year 2010-2011
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 May 2012
My client Gross Salary Income More than 15 Lacs for Assessment year 2010-2011 and Deduction of 80C 1 Lac ITR 1 Submitted and claim Deduction of 80C Rs. 1,00,000/- but Assessment order of Income Tax Deduction of 80C not accept and Demand Rs. 38000/- including Surcharge
So my Question why 80C Deduction is not Accepted in Asset. year 2010-2011
please guide me
Manoj Kumar (ITP)
Bhagalpur
E-mail. manoj_bgpitp@rediffmail.com
Mobile No. 9431873180
So my Question why 80C Deduction is not Accepted in Asset. year 2010-2011
please guide me
Manoj Kumar (ITP)
Bhagalpur
E-mail. manoj_bgpitp@rediffmail.com
Mobile No. 9431873180
02 May 2012
Dear Friend, according to the provisions of Section 80C of the Income Tax Act, 1961 you will get maximum deduction of Rs. 100000/- from Taxable Income by investing in various schemes. You have to submit details of investment to the Income tax office and you will get the deduction. Thanks
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Accounting treatment of AMC alongwith the purchase of Laptop
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Transfer of Physical Stock Between Two Proprietorship Concerns
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- EPF ECR NEW RULES Sep 17th 2026
- Issuing of delivery challan by seller of goods
- Taxation of crypto futures in India Fy 2026- 2027
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
