Has the increase in limit of PPF form Rs.70,000 to Rs.1,00,000 have any effect on upper limit on Sec.80C ??
Has the increase in limit of PPF form Rs.70,000 to Rs.1,00,000 have any effect on upper limit on Sec.80C ??
According to me there is no effect in the limit of 80C. It is still Rs.1,00,000/- max.
members please correct me if I'm wrong.
Respected Members,
For the A.Y 2012-13, no change in deduction under section 80C.
Yes, the PPF limit has been increased by Rs.30,000/-......
Previously it is Rs.70,000/-; but now onwards Rs.1,00,000/-***
i am not sure but i think it is increased...
CAclubindia
