banner_ad

Salaried employee

This query is : Resolved 

26 July 2014 Please urgent

there is assessee whose income is from salary only and there is deduction of

1 general provident fund of 84000

2 gis of rs 2400



in which head of 80 c it is to be included to get deduction ..

is it statutory fund or something else.

26 July 2014 GPF and GIS (Group insurance) forms part of salary deduction for government employees and can be claimed u/s 80C as GPF and GI.

26 July 2014 yes it is under 80 c ,but under which of the head.
for eg.

life insu
ppf
spf
rpf
etc
please clarify
thankyou

26 July 2014 That's what I have said. Put them u/s 80C as GPF and GI.

26 July 2014 actually i am using software ,it is not having any option like GPF AND GIS

26 July 2014 Sir, if you are using computax software then it gives option for GPF where you can put value for it and for GI you can put the value in other investments eligible for 80C option. I am not familiar with any other software.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details