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80C deduction out of Exempt Income
Can I claim 80C deduction out of investment in eligible investments from the gift proceeds received from my relatives (exempt income) ?
Replies (3)
Quick Summary
80C deduction can be taken on all sources of income.
Mr Harsh,. you are eligible for 80C Deduction for eligible investment made out of gift from relatives (exempt receipt) .
What amount can be deducted for tuition fees of two children
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