Good Evening to all........
Can anybody pls provide me the what are all Exemption from Income tax for General Category (like Under 80cc-Insurance, Pf etc & 80D etc)...................
Am awaiting for your valuable repliessssssssssssssssss
vijaya kumar n (JOB) (488 Points)
31 May 2010Good Evening to all........
Can anybody pls provide me the what are all Exemption from Income tax for General Category (like Under 80cc-Insurance, Pf etc & 80D etc)...................
Am awaiting for your valuable repliessssssssssssssssss
vishnupriya
(CA Final)
(1418 Points)
Replied 01 June 2010
Hi Mr.Vijay!
Sec 80C & etc.......... falls under the category of Chapter-VI A under Income tax Act,1961 which are called deductions but not exemptions.
Paste the below link in your browser and click on the option Chapter wise
& select Chapter-VIA - "Deductions to be made in computing gross total income" & go through the required topic.
https://law.incometaxindia.gov.in/DIT/Income-tax-acts.aspx
kantijain
(Chartered Accountant in Practice)
(385 Points)
Replied 02 June 2010
Dear vijay,
Ur question is too general & vague. I request u to follow any text book/guide/ready reckoner/Act. Refer Sec 80 C/ 80 CC/ 80 D/ 80 E or chapter VI-A.
Regards
Kanti Jain