Effective date of 80c deduction limit increased
This query is : Resolved
HARISH KUMAR
(Querist)
12 October 2014
What is the applicabe date of word substituted in section 80C of the Income-tax Act, sub-section (1), ?one hundred and fifty thousand rupees" w.e.f. 1st day of April, 2015 or w.e.f. 1st Day of April, 2014.
12 October 2014
1st Day of April 2014. Applicable from FY 2014-15 onward.
CA P K AGRAWAL
(Expert)
13 October 2014
yes agree with Mr sanjay gupta from fy,14-15
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