section 80c deduction for late filing ITR

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

08 October 2010 Helo,
I want to know if a person who is late filing his ITR (AY 2009-10)can claim deduction wrt to section 80C deductions? His employer has already deducted TDS but has not included section 80C deductions in the form 16.

Shyam Lal Naik

Shyam Lal Naik (Expert)
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08 October 2010 The employee can claim the deduction, whether or not the employer has shown the deduction particulars in the TDS certificate.

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Querist : Anonymous

Querist : Anonymous (Querist)

08 October 2010 What about late filing? Can he claim deduction now as he is filing his ITR late?

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Shyam Lal Naik

Shyam Lal Naik (Expert)
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08 October 2010 There is no provision in the Income-tax Act to disallow deduction u/s 80C in case of late filing of Income-tax return.

80C deduction can be claimed even in case of belated return.

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