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Question Regarding Income Tax About under section 80

1065 views 7 replies

Pls answer my inteligent question ==> , Is it possible, Even though1,00,000 to invest Under sec. 80 of income tax act , The Ruppess which are in ur Hand ? Whether there is any such trick or scheme to Save this1,00,000 of Deduction ?

Replies (7)

dont invest.... :D

deposit the same in bank as 5 tyears 80C TDR, fund is yours and you are eligible to get deduction too 

Originally posted by : U S Sharma

deposit the same in bank as 5 tyears 80C TDR, fund is yours and you are eligible to get deduction too 
Originally posted by : U S Sharma

deposit the same in bank as 5 tyears 80C TDR, fund is yours and you are eligible to get deduction too 

Wise thinking :)

Originally posted by : U S Sharma

deposit the same in bank as 5 tyears 80C TDR, fund is yours and you are eligible to get deduction too 

sir aap great hain.....

I am sorry i did not understand the concept, Please can anyone substantiate..

Dear hardik, please understand that 80C deduction is available only when u invest out of your earnings and not from the available cash with you. pls read sec 80c in detail....


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