CA Day celebration 2024 Easy Office
LCI Learning

80 u v/s 80 c

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
07 April 2011 Is deduction u/s 80u available in excess of 80 C.
i.e. equal to 100,000 for 80 C and additional 50,000 for 80 D.

07 April 2011 80C and 80D both are seperate
one can get deduction of both i.e.80C and 80D
but if one gets deduction 80D then he will not avail 80U
there is relation between 80D and 80U,80C is out of it and has no relation with anyone


07 April 2011 Section 80 CC is meant for exemption which is based on certain specified Investment. Total exemption under that section would be up to 1 lakh.

80 DD is meant for medical insurance policy and this is not covered under 80 C. There are certain cases, same type of investment may be specified in different sections.

The deduction shall be Rs 15,000/- other than senior citizen and Rs 20,000/- to senor citizen,

You can invest up to Rs 1 lakh as per sec 80 C and also calim 80 D in respect of medical insurance




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query