Tax Benefit under Section 80C- Notified by CBDT published in Extraordinary Gazette of India dated 5th January, 2009 S.O.21 (E). Individuals & HUFs can invest maximum Rs. 1,00,000 in the scheme & avail the exemption in gross total income.
Manishankar (Assistant Manager) (96 Points)
21 January 2011Tax Benefit under Section 80C- Notified by CBDT published in Extraordinary Gazette of India dated 5th January, 2009 S.O.21 (E). Individuals & HUFs can invest maximum Rs. 1,00,000 in the scheme & avail the exemption in gross total income.
P-A-W-A-N
(TAX - MANAGER AT GURGAON)
(541 Points)
Replied 22 January 2011
Thanks Sir,
But it is Deduction not an Exemption
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961