Proprietor
240 Points
Joined September 2009
hi....
deduction u/s 80c is available only upto Rs. 1.00 lac for the A.Y. 14-15. Since u have invested Rs.2.00 lacs and shown Rs.1.00 lac in the IT return, therefore, it is correct to claim the amount of deduction. However, if u have shown Rs. 2.00 lacs instead of Rs.1.00 lac then also u are eligible to take the benefit of 1.00 lac deduction u/s 80c.
pls write for further clarification................!