Deductions chap-- vi

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Intern at GM Kapadia & co;
40 Points Joined April 2017
whether the deposit shall be made ONLY FROM INCOME CHARGEABLE TO TAX?
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On 11 July 2017 at 22:12 Report
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SEO Sai Gr. Hosp.
210685 Points Joined July 2016

No.......... Deposits can even be made from the capital which is already been taxed.

Well, there a 5 years deposits which banks offer u/s. 80C, can be utilized for deductions from taxable income u/s. 80C

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On 11 July 2017 at 22:20
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12244 Points Joined May 2017
you can make deposits out of exempted incomes also like agricultural income, dividend income, ltcg exempted as per 10(38) etc
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On 12 July 2017 at 00:03


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