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
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