is it mandatory to claim deduction us 80c, if income is less than 500000?
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Quick Summary
You are not required to claim the Section 80C deduction if your income is below ₹5 lakh. However, claiming it can still be beneficial as it helps reduce your overall tax liability. If your TDS is higher than your actual tax due after deductions, claiming 80C can also lead to a refund.
Deduction us 80C will help you in reducing your tax liability and in getting refund if your net tax liability comes lower than TDS if any deducted. so, you can claim deduction of 80C at whatever level of your income.