if I am investing every year Rs
.1.50 lakh in scss scheme. shall I claim every year exception under sec 80c. please guide
Menu
Exception for scss deposit
Replies (3)
Quick Summary
Yes, Investments in SCSS qualify for income tax exemption under Section 80C deduction up to Rs. 1,50,000 per financial year. So, if you are investing every year Rs. 1.50 lakh in SCSS scheme than you can claim every year exception under sec 80C up to 1.5 lakhs.
Thank you sir
Most welcome..
Recent Topics :
- On which amount 200% penalty under section 270A is
- RECEIVED INTIMATION U/S 399 FOR TDS PAYMENT ON PRO
- How do CA firms track SEBI/AMFI circulars and dead
- Jurisdictional validity of Sec 148 notice after fa
- Taxable Income or Not
- GST Input Tax Credit (ITC) on Camera Purchase &
- What makes CA Himanshu Singla different from other
- TAX TREATMENT AND ACCOUNTING ENTRIEOF PERQUISITES
- Gifting money to my father-in-law (my husband's da
- GSTR-1 JSON from marketplace exports (Myntra / Ama
Related Topics :
CAclubindia
