Deduction u/s 80 c
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 October 2011
Can deduction U/S 80C be taken of the investments made out of borrowed funds.
13 October 2011
The concept of'deposit out of income' has been done away with and , therefore, in the cited case, deduction can be availed.
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