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Lakshy (Semi-Qualified C.A. PGDFM BCom.)     08 December 2017

80c deduction

Friends,

Can a proprietor get deduction u/s 80C if he invest in ELSS through current back account of his business instead of personal saving account.



 3 Replies

Dhirajlal Rambhia

Dhirajlal Rambhia (SEO Sai Gr. Hosp.)     08 December 2017

YES    

1 Like
Vineet Goyal - indiaitr.com

Vineet Goyal - indiaitr.com (Founder of IndiaITR.com)     08 December 2017

yes. Individuals can claim this deduction. Source of funds does not matter.
1 Like
Mahesh

Mahesh (CA Student)     08 December 2017

Of course he can claim deduction

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