80c vs 80 u
This query is : Resolved
Querist : Anonymous
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 u
i.e. equal to 100,000 for 80 C and additional 50,000 for 80 u
07 April 2011
Yes for sure, 80'c' limit is 1lac nd seperate frm wht is in 80'u' if u fufill both the criteria then u can claim deductn undr both sectn.
08 April 2011
Both sections targeting in the different setment. 80 C Target for deduction based on certain specified investment where as 80 u is based on deduction in case of disability.
You can claim deduction under both of the above sections
You can claim deduction under both of the above sections
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
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- Event company query
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
Trending Online Classes
CAclubindia
