Tds
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 January 2014
Sir
I want to know the following issue.
Ex
My salary is 385000.00
Deduction : 150000.00
My auditor said the admissible deductions is restricted to Rs.100000.00. My tax amount will come for Rs (385000-220000-150000).
Kindly clarify the same.
Nagarajan S
I want to know the following issue.
Ex
My salary is 385000.00
Deduction : 150000.00
My auditor said the admissible deductions is restricted to Rs.100000.00. My tax amount will come for Rs (385000-220000-150000).
Kindly clarify the same.
Nagarajan S
22 January 2014
Hi
Under 80C, you can claim max. deduction of Rs. 1 lac only.
Additionally you can claim Rs. 15k u/s 80D
Refer for more details:
https://www.caclubindia.com/forum/summary-of-exemption-u-s-10-to-salaried-employee-232114.asp
Thx
Under 80C, you can claim max. deduction of Rs. 1 lac only.
Additionally you can claim Rs. 15k u/s 80D
Refer for more details:
https://www.caclubindia.com/forum/summary-of-exemption-u-s-10-to-salaried-employee-232114.asp
Thx
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