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Rebate under sec 80L

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what is 80 L rebate in income tax.
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Section - 80L, Income-tax Act, 1961, Deductions in respect of interest on certain securities, dividends, etc.
Section Provided a deduction of Rs 12,000 (plus additional Rs 3,000) on passive incomes from specified sources

Section 80L. [Omitted by the Finance Act, 2005, w.e.f. 1-4-2006.]


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