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.
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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.
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