Easy Office
LCI Learning

Sec-80 c

This query is : Resolved 

02 August 2017 POLICY DETAIL
BASIC SUM ASSURED AMOUNT-306861
INSTALLMENT PREMIUM-28940
SERVICE TAX & OTHER CHARGES-1085.25
TOTAL INSTALLMENT PREMIUM-30025.31
QUE IS WHAT WILL BE THE AMOUNT OF DEDUCTION U/S-80C


02 August 2017 30025.31 to be claimed under 80C.
(Some of the under knowledged employer are considering the basic amount of 28940)

02 August 2017 Same case here...our employer considers the basic amount.




02 August 2017 @ CA Saloni, : any specific reason put forth by employer for considering basic amount and disregarding the service tax etc.?

02 August 2017 No........

02 August 2017 Few of the under knowledged, especially those who have the tendency to think by putting themselves into the shoes of others rather than their own, do think that only basic amount be permitted. But the fact is whatever goes out of the pocket of the investor qualifies for the deduction u/s 80C

03 August 2017 Thanks for your valuable knowledge sharing..

03 August 2017 You are most welcome.....






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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries