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Post office MIS
Sir on account of post office MIS we Father has been invested a sum of Rs 3.00Lac in the same account of mis in the name of my father Ihave also invested a sum of Rs 50000/-Sir I want to know that can I claim the deduction under section 80C for Rs 50000/-Sir please guide me.Thanks
Replies (1)
No. The investment in Post Office MIS scheme is not eligible for deduction under sec. 80C of IT act.
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