wat is 80c Deductions?
- 7 Answers
- 10240 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / ullas patil kulkarni
Section 80c is the subheading under chapter 6A, it is
related to the investments like Pf,lic
premium,ULIP,NSC's,etc but the exemption will get upto the
amount of 1,00,000 only(including sec80C/80CCC.
| Is This Answer Correct ? | 22 Yes | 3 No |
Answer / sorna
Investment upto a maximum of Rs 1 lakh so as to enjoy the
tax deduction u/s 80C / 80CCC;
| Is This Answer Correct ? | 18 Yes | 4 No |
Answer / ramesh r
80C coming under one of the subheading of Chapter VIA,we
can invest upto the maximum of Rs.1lakh and the same can be
claimed for exemption.
| Is This Answer Correct ? | 8 Yes | 2 No |
Answer / jagat babu sharma (9450123500)
In respect of, Under Section 80C consider under Chapter VIA
of Indian Income Tax Act,1961. including Deduction in
respect of LIC Premium, Contribution to PF, Housing Loan
repayment, Post office 5 Year Time Deposit, Senior Citizen
Saving Scheme etc. That is quantum of deduction to be avail
benefit maximum Rs. 1,00,000/- (One Lac only) to allowed to
Individual of HUF assessee.
| Is This Answer Correct ? | 6 Yes | 0 No |
Answer / rajan mishra , khabar live
Under Section 80C consider under Chapter VIA
of IT. Including Deduction in
respect of LIC Premium, Contribution to Providend fund
Housing Loan
repayment, Post office 5 Year Time Deposit, Senior Citizen
Saving Scheme etc. Max Rs. 100000/-
| Is This Answer Correct ? | 4 Yes | 1 No |
i have received bill from Catering Service in that they charges VAT and Service tax box.Please clarify wheather it is charge both TAX
what is wct? what is it applied ?
When calculating tds on bill ,TDS need to be calclated on "Base Amount" or "Base Amount"+ "Vat Amount" ? please answer with relevant provision
WHAT IS THE COMPLETE ACCOUNTING PROCEDURES OF SERVICE TAX? WWHAT IS ITS ACCOUNTING TREATMENTS & HOW INPUT CREDIT WILL BE TAKEN & HOW IT WILL BE ADJUSTED AGST OUTPUT SERVICE TAX? PLS SUGGEST ME?
My client is a Partnership Firm and was converted in to the Pvt. Company. Now, the Question is that the both the entity i.e. Partnership Firm and Company entitled to get the Depreciation of Proportionarate basis, they used the Assets? I reffered to the Income TAx Act, there is no any specification regarding the convertion only the amalagamation and merger.
In income tax which statement have 4 limit ?
is WCT applicable one time? and what will be rate of WCT in UP State?
The value on which entry tax is payable is called?
Does the tax liability of an individual get affected due to his residential status? If yes, explain.
Why buyer have to issue C forms & what is the issue
what is exice duty-mening,heads,rates for 2008-09 year,procedure,when it is filled,complete information about exice duty?
i want to know about Form c,D,E, E-1,E-2,F,G,H,I.WHEN IS LIABILITIES OF ISSUE OF ALL RELATED FORM ON SELLER AND BUYER.PLZ SEND THE ANSWER OF THIS QUESTION ON MY E-MAIL
Audit 
