Section 80 ac
This query is : Resolved
24 June 2019
DEAR EXPERTS,
WHAT IS SECTION 80AC IN INCOME TAX.CAN WE NOT GET ANY DEDUCTION . IF WE RETURN FILL AFTER DUE DATE AS PER SECTION 80AC ?
WHAT IS SECTION 80AC IN INCOME TAX.CAN WE NOT GET ANY DEDUCTION . IF WE RETURN FILL AFTER DUE DATE AS PER SECTION 80AC ?
24 June 2019
As per Section 80AC, if the ROI is filed after the due date as mentioned in 139(1), then the no deductions shall be allowed in Heading C of Chapter VI A. i.e sec 80HH to 80RRB. ( Deductions in respect of certain Incomes). However other deductions of chapter VIA can continue to be taken.
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