80C

my deduction u/s 80C is exceeding 1lakh can my wife claim the balance. (ex: my investment in shares/mutual funds/LIC) are Rs.150000/- can my wife claim balance Rs.50000 pls suggest u/s.80C

Replies (8)

If that balance investments worth Rs.50000 are in the name of your wife, then she can claim.

Originally posted by : Vishnupriya

If that balance investments worth Rs. 50000 are in the name of your wife, then she can claim.

As said.. if it is in name of ur wife... then she can..

else its  not acceptable :)

CLick here to get solution of your query ! 

IS IT POSSIBLE TO OPEN SPOUS' BANK ACCOUNT ON THE BASIS OF HUSBAND'S PAN CARD, OR IT IS NECESSAEY TO SUBMIT HER PAN

No, you have to submit your spouse's PAN to open Bank A/c on her name. The submission of PAN to Bank A/c is for various purposes like monitoring Bank transactions of an Individual, deducting TDS etc.. 

can we issue a C-form for a invoice bearing date 30/06/11 in the second or third quarter after entering the same in our books in second or third quarter

Originally posted by : sachin r phope

can we issue a C-form for a invoice bearing date 30/06/11 in the second or third quarter after entering the same in our books in second or third quarter

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