21 April 2011
Hi, The maximum deduction allowed under 80C is 1 lakh rupees.I have bought a house and paid Rs. 1,50,000 as registration charges and i even have insurance premium amount of Rs. 50,000 p.a (8 insurances policy), totaling to Rs. 2,00,000. My query is how much deduction can i claim under 80C or any other section.