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Tax queries 518 views 6 replies

Dear Sir, Madam,

Govt. Employee Can a GPF Advance deduction u/s 80c

 

Replies (6)

yes
contibution of employee in gpf

Originally posted by : vinoth tax Practitioner chenna

Dear Sir, Madam,

Govt. Employee Can a GPF Advance deduction u/s 80c

 

GPF LOAN REPAYMENT CAN A DEDUCTION U/S 80C

My client income tax benefit for the amount deducted from salary towards GPF contribution. Is the deduction of the GPF advance ( monthly installments) also comes under this?

Pls, expert ans. me

PLS. REPLY 

Hello,

As per sec 80C of the income tax act 1961 you will get the deduction GPF contribution.Maximum amount that can be allowed as deduction is Rs 1,00,000.


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