Section 80 ac
This query is : Resolved
24 June 2019
DEAR EXPERTS,
WHAT IS SECTION 80AC IN INCOME TAX.CAN WE NOT GET ANY DEDUCTION . IF WE RETURN FILL AFTER DUE DATE AS PER SECTION 80AC ?
WHAT IS SECTION 80AC IN INCOME TAX.CAN WE NOT GET ANY DEDUCTION . IF WE RETURN FILL AFTER DUE DATE AS PER SECTION 80AC ?
24 June 2019
As per Section 80AC, if the ROI is filed after the due date as mentioned in 139(1), then the no deductions shall be allowed in Heading C of Chapter VI A. i.e sec 80HH to 80RRB. ( Deductions in respect of certain Incomes). However other deductions of chapter VIA can continue to be taken.
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
- GST Regis.
- Tax on capital gains revoked us 54f
- Inventory of finished goods
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Refund of AY 22-23
- Disallowance of Section 43B(h) to sez units
- GST Registration Cancellation books of accounts asked by officer
- TDS deduction 194J instead of EPF
- TDS Deduction Online Learing Platform
- Point (III) 9 of GSTR-9C
- As per our records, find the below outstanding demand(s)* and interest payable u/s 220(2):
- Regarding transaction th. credit card
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
