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Income tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 January 2012 Is Maximu deduction available under sec VI is 1,00,000 or more than 1 Lakh, please clarify,

Regards,

Santosh
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CA Dileep Surya Kumar

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CA Dileep Surya Kumar (Expert)
19 January 2012 There is no maximun under schedule VI.

As per section 80CCE the maximum amount of deduction that an assessee can claim under Sections 80C, 80CCC and 80CCD will be limited to Rs 100,000.
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Querist : Anonymous

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Querist : Anonymous (Querist)
19 January 2012 under each section ( 80c, 80ccc & 80ccd), assessee can claim upto one Lakh or what?
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CA Dileep Surya Kumar

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CA Dileep Surya Kumar (Expert)
19 January 2012 one lakh limit is for ALL 80C,80CCC,80CCD NOT FOR EACH.

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