Deduction Under VIA

Tax planning 1130 views 4 replies

Dear Freinds,

80C  deduction                                           95000

80E interest on education loan               24500

Total deduction                                         119500

can i take full deduction of Rs 119500/-

or can i take only Rs 100000/- deduction U/C VIA

Please reply

Thanks in advance

 

 

Replies (4)

dear deduction u/s 80c allow only 100000 exemption.u cak take the exemption benefit u/s 80e.both are seperate ...

In sec 80 C  you can take deduction upto Rs 100000, where as education Loan comes under sec 80E.

You can take Rs 95000 in Sec 80C, and 24500 in sec 80E.

I agree with both abhinandan and ajay..

Yes above replies ..Correct..

i also agree with them


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