Rebate under sec 80c
This query is : Resolved
15 July 2014
Dear Sir,
Deduction under Chapter VI has increased from 1 lac to 1.5 lac.Please clear me whether benefit of increased amount is available for PPF only or he can invest in any other scheme
Deduction under Chapter VI has increased from 1 lac to 1.5 lac.Please clear me whether benefit of increased amount is available for PPF only or he can invest in any other scheme
15 July 2014
The total deduction is available for 80C n not for PPF. So u can claim all the other investments u/s 80C as was earlier. But now u can claim 1.5L instead of 1L.
15 July 2014
And Raftar it is deduction and not Rebate u/s 80C.
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
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
