Savings under section 80c
This query is : Resolved
08 August 2015
if savings under sec 80c is more than 1.5 lac then whether full amount of savings should be shown in ITR
08 August 2015
Yes. Show full amount in ITR but deduction available rs 1.5 Lacs.
Message likes :
1 times
08 August 2015
http://taxguru.in/income-tax/all-about-deduction-under-section-80c-and-tax-planning.html
09 August 2015
Yes you can show the full amount you paid under each items eligible for deduction. Deduction available will be actual amount or max. Amy of Rs. 150000/- which Ever is lower.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- RCM INVOICING FROM NOV-2024
- Confusion around Form 26QB fields
- Sale of property furniture sale
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- TDS under section and rate of TDS
- GST input on scooter purchased
- TDS under section 194Q and TCS under section 206C
- GST input on car insurance and repairs
- GST input on Diwali gift to employee
- GST input on Mobile Handset
- Material and freight in same invoice
- TDS under section 194J inclusive of reimbursement of expenses
- TDS on Material and Labour in same invoice
- Should I be worried about and rectify reporting Jan,Feb ,March 2024 foreign salary in schedule FA?
Trending Online Classes
CAclubindia
