Interested to Buy Any Domain ? << Click Here >> for more details...
Give some examples under sec. 80C? What is the maximum
limit ?
- 6 Answers
- 22852 Views
- OPI Global, I also Faced
- E-Mail Answers
Answer Posted / chandra.g
Under section 80C , 80CCC and 80CCD maximum limit is Rs.
1,00,000/-
Following are the example of 80C
1 )Payment of insurance premium of on the life of the
individual, the spouse or any child of
the individual.
2) Contribution made on any Provident Fund. This fund has to
be set up be Central govt and notified in official gazette
3) Subscription of security of the central govt or any such
deposit scheme as the Central Government may, by
notification in the Official Gazette,
4) Fees paid to university, college, school or other
educational institution. only for 2 children. Maximum Limit
1,00,000/- Please Note that aggregate amount of deduction
under section 80C , 80CCC and 80CCD shall not exceed Rs.
1,00,000/-
5)Any subscription made to any units of any Mutual Fund.
6)Any contribution made by an individual to any pension fund
set up by any Mutual Fund
7) Interest portion on Housing loan
8)Subscription to equity shares or debentures forming part
of any eligible issue of capital
9)Investment as a term deposit for a fixed period of not
less than five years with a scheduled bank. etc
| Is This Answer Correct ? | 10 Yes | 0 No |
Post New Answer View All Answers
what is cenvet credit in vat.
can we purchase software agaist Form under In the telecommunications network; or
We have a constructed a goverment approved textile park in year 2007. will we have to pay Service Tax on that Construction Service?
Kindly, tell me abount the WCT of U.P. material & labour supply for installment of lift in premises at Noida (U.P.), our lift supplier giving the bill in 90% material & 10% Labour & charged the up vat of 12.5% , Can we liable for WCT deductor ?
what is the difference between tds tax code and tds tax type in sap fi
What is the commitment to the bankers against L/C ? They need any colletral Security or any deposit ? What is terms & conditions of L/c?
WHAT IS SHEDULE , HOW MANY TIPE OF SHEDULE IN COMPANY & PARTNERSHIP FIRM , WHAT IS IN EACH SHEDULE HEAD CONTAIN , PLEASE GIVE ME THE ANSWER ON MY E.MAIL sonidilip87@yahoo.com
What is the WCT percentage under which the amount is being deducted in Punjab. Under what Notification and dated when???????????. Serious Senor I need the answer other wise I would not have posed this question; Please send the answer to the mail address.
When and how Wct is applicable on Labour Job Work and what is the percentage?
What is Cenvat
Dear Sir, We are running a security agency. Please suggest us Notification No.:15/2012 service Tax dated 17.03.12 which is effected from 01.07.12 Please suggest how to raise bill on our clients.
At what rate firms are required to pay tax on their income?
1· What is a bad credit score? 2· What does my credit score mean? 3· Can I check my Vantage credit score range online? 4· Should I have perfect credit score, that is, above 800 credit score? 5· With a 600 credit score, how to improve my credit rating score? 6· How to raise my credit score if I have 500 credit score? 7· How to increase your credit rating score quickly? 8· How can I find out my credit rating score for free? 9· Home Equity Loans ????????· 10. Calculate Mortgage 11· Mortgage Payment 12· Mortgage Payment Problems
Our Company dedduct TDS on the collection charge and claim (rate diff claim, scheme claim, collection charge means , if any party take material directly form our store our company give them frieght charge and deduct tds@10.30%). my question in what category of this type of TDS decution ? is it payment to contractor or what ?
Please explain how to pass entry for VAT setoff and Service Tax Credit?
