Originally posted by : Karan Teli | ||
Good compliation..!! "B O O K M A R K E D" |
Very informative post..... :)
Anchal Gupta
(Student CA Final )
(295 Points)
Replied 22 December 2012
Originally posted by : Karan Teli | ||
Good compliation..!! "B O O K M A R K E D" |
Very informative post..... :)
@VaibhavJ
(Believe!! Live your dreams!)
(33516 Points)
Replied 23 December 2012
Originally posted by : Jiral Savla | ||
Your contribution about deduction under chapter VI-A is very helpful & have many new updates I have one query about Section 80CCG: Rajiv Gandhi Equity Saving Scheme What do you mean by "(maximum amount eligible for income tax rebate is Rs. 50,000), you can claim a tax deduction of Rs. 25,000 (50% of Rs. 50,000)." Can u answer the following? income (Rs.) Tax (Rs.) amt invested amount of deduction 8,00,000 90,000 75,000 ? 9,50,000 1,20,000 1,00,000 ? Section 80CCG: Rajiv Gandhi Equity Saving Scheme As per the Budget 2012 anouncements, a new scheme Rajiv Gandhi Equity Saving Scheme (RGESS) will be launched. Those investors whose annual income is less than Rs. 10 lakh can invest in this scheme up to Rs. 50,000 and get a deduction of 50% of the investment. So if you invest Rs. 50,000 (maximum amount eligible for income tax rebate is Rs. 50,000), you can claim a tax deduction of Rs. 25,000 (50% of Rs. 50,000). |
you are ryt..
Ankur Agrawal
(TRAINEE)
(186 Points)
Replied 25 December 2012
keep contribute your knowledge.
once again thank you my friend
Ankur Agrawal
yogesh mahajan
(excise officer)
(129 Points)
Replied 28 December 2012
Thanks for share valuable & good infomation
prakrut
(accountant)
(120 Points)
Replied 02 January 2013
is additional deduction of Rs. 20k under infrastructrure bond is valid ?
Ashima jain
("ALWAYS LEARNING")
(140 Points)
Replied 06 January 2013
Very Nice!!!!!!
Please Keep sharing!!!!!!
CA. N Kondaiah
(Sr Audit Assisstant)
(83 Points)
Replied 09 June 2013
very much useful for students for easy understanding and making correlation with other section u/d Chapter VIA
vivekanand
(partner)
(48 Points)
Replied 04 June 2014
Thank you very much for this informative post sir! This means that deductions under chapter VIA of income Tax can exceed Rs. One Lakh; I am asking this question asI was under the erroneous impression that there is a ceiling of Rs one lakh for deductions under this chapter? A word of clarification in this respect from you will be greatly appreciated.