Under sec 80c
This query is : Resolved
21 March 2016
Dear sir
one of my colleague raised a question for the following.
He is working in a KPO company and invested 3 lacs on his name under section 80C where it 1.5 lac is enough.. Does his father avail remaining 1.5 lacs as IT exemption. Kindly advise
Thanks & Regards
Apparao Chinta
one of my colleague raised a question for the following.
He is working in a KPO company and invested 3 lacs on his name under section 80C where it 1.5 lac is enough.. Does his father avail remaining 1.5 lacs as IT exemption. Kindly advise
Thanks & Regards
Apparao Chinta
21 March 2016
Dear
Pls explain the case elaborately, in whose name payments u/s 80C is made.
But prima facie father can not take exemption of 1.5lakh rs.
Pls explain the case elaborately, in whose name payments u/s 80C is made.
But prima facie father can not take exemption of 1.5lakh rs.
21 March 2016
No. Father can NOT claim the 80C benefits for the payments made out of income of other person
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