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Dear Sir, Madam,
Govt. Employee Can a GPF Advance deduction u/s 80c
yes contibution of employee in gpf
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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