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80c

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 July 2013 Dear Sir,
Whether the deduction of 80C and 80GG are limited at Rs. 1 lac
or
assessee can claim
1 lac u/s 80c + 24000/- u/s 80gg = 124000/- as deduction.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
28 July 2013 Sec.80C and Sec.80GG both are different cap. so you can claim Rs. 1 lakh under 80C and Rs.24000 under 80GG total together Rs.1,24,000/-

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