Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

wat is 80c Deductions?

Answer Posted / 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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Let me know the clauses (A)& (B) Of section 113 of the finance (No.2)Act2009?

1852


What is meant by Cost of Improvement?

2057


I am working in footwear company at Himachal Pradesh. we want to send raw material - (leather) for Job work our other branch. now my question is that will have we any permission taken from excise & sale tax deppt.

4872


IF XXX GOT AN ORDER FROM APTRANSCO AS WORKS CONTRACT NOW XXX PLACED AN ORDER TO YYY THAT TO SUPPLY 50% OF THE MATERIAL IN ORDER. NOW WHAT IS THE SALES TAX RATE HAVE TO CHARGE BY YYY TO XXX. NOW MY DOUGHT IS YYY IS NOT SUPPLING THE GOODS TO APTRANSCO, HE CANT CHARGE 4%, IF POSSIBLE PLEASE TELL ME THT HOW CAN HE .

2332


I plan to buy a new flat in Hyderabad which has never been registered before. Area of the flat is 1115 Sq. ft. I intend to know the following things.1.) what should be the amount of registration?.2.) Is there any VAT. If there is VAT what is the percentage?.3.) Is there any service tax. If so, what should be the percentage? as per F.Y 12-13 rule

2421


What do you understand by dissolution of firm?

1132


What is the different between Excise Invoice and Invoice

2103


should we can take modvat benefit any time or they have some limit time to take input benefit claim?

2564


How to calculate rental exemption if HRA is not given seperately and what will be the maximum allowability and under which Section of Income tax

1873


What are the procedures for remitting WCT?

2134


If a person got gold by wining a lottery and TDS on the gold value was not deducted by the deductor. After getting the gold, the person tranfer the gold to his daughter. After reading the provisions of the Income Tax Act, 1961, you are required to state that who is liable to pay the tax on the value of the gold? and is there any liability of the Deductor towards non-deduction of TDS?

3331


The company has to pay transportation charges for transporting its materials. The company has not remitted the TDS on the same within due date. Is this expenses to be disallowed in STI. This expenses is directly considered on valuation of closing stock.

2047


what do you mean by cenvat? and in which is liable?

3206


witch taxes are calculate in CENVAT for Gold ornaments ?

1635


if threshhold limit is crossed then tds is deducted on which amount ? Aggregate or exceeding threshold limit?

1835