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 ??
CA Ketan Waghela
(Partner at Elite Educare)
(356 Points)
Replied 16 December 2011
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.
deepak
(C.A & C.S Final)
(63 Points)
Replied 16 December 2011
Respected Members,
For the A.Y 2012-13, no change in deduction under section 80C.
Chinmay
(Accounts Professional)
(356 Points)
Replied 30 December 2011
Yes, the PPF limit has been increased by Rs.30,000/-......
Previously it is Rs.70,000/-; but now onwards Rs.1,00,000/-***
@*CS Siddharth Bumb. *
(B.Com, CA Final, CS )
(5270 Points)
Replied 31 December 2011
i am not sure but i think it is increased...
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
