80c investement only shown in itr1

ITR 1574 views 5 replies

Can any 80 C investment of Rs 100000 be done after March, 2012 and shown in ITR1 form to get the return of deducted tax on this 1 lakh while filing return. Actually I mean a case where no 80C investment have been shown to the employer. So employer has deducted tax accordingly with no investment under section 80C. Now if the individual want tax exemption of 1 lakh under 80C. Is it possible to show the 80 C investment now in ITR1 and claim the refund?

 

Regards

Replies (5)

if 80C investments are made in the year 2011-12 , you can claim the deduction while filing annual return even if employer has not considered this while calculating tax deducted at source

 

 

The investment of 80 C has been done in April, 2012. Can this 80C investment be shown for financial year 2011-2012?

 

Regards

According to me as you have done the investments in April, you will not be eligible to claim the benefits u/s 80C

Agreed with Ronak.You can't claim the 80C deduction as you have invested in the month of April,2012.Though you can claim the same in next year

 

Agree with above if investment is made in april 2012 , the deduction can be claimed in PY 2012-13 ( AY 2013-14)


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