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Give some examples under sec. 80C? What is the maximum
limit ?
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Answer Posted / prabhu jeeragal
U/S 80C, we can invest in different schemes which can
be claimed for deduction from the Taxable income for the
purpose of obtaining Income tax.
Examples likely, LIC policies, Mutual funds, Repayment of Housing Laon - Principle Portoin, Tution fees paid upto two child maximum of 2 children, PLI, GIS, Public Provident Fund, National Saving Scheme, ULIP, etc.
Maximum limit for availing deduction for A.Y. 2011-12,
F.Y.2010-11 is Rs.1,00,000/-
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