80c

This query is : Resolved 

06 January 2012 purchase of listed shares eligible for deduction u/s 80C ?

08 January 2012 NO DECTION U/S 80C

08 January 2012 Subscription to equity shares or debentures of an Indian Public company is allowed as deduction u/s 80C and if shares are transferred with in 3 yrs of acquisition, the entire amount of deductions allowed earlier in any previous year shall be deemed to be the income of the subscriber in the year in which it is transferred.





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