Hello Experts
I have invetsed 3 lakhs in Pension Plan for my father in this financial year, how can I claim it under tax reductions under which section.
Thanks and Regards
Avinash
Avinash Kumar (Engineer) 06 January 2016
Hello Experts
I have invetsed 3 lakhs in Pension Plan for my father in this financial year, how can I claim it under tax reductions under which section.
Thanks and Regards
Avinash
Manjaly 11 February 2016
Under Sec 80C of the Income Tax, total qualifying investments limit has been increased up to Rs.1.50 Lakh from the financial year 2014-15 (or AS 2015-16) onwards, before it was 1 Lack. There are various schemes which are also eligible for savings under Section 80 C.
amit gupta (Taxation Software Development ) 24 February 2016
The total investments limit has been increased upto INR 1.50 lakhs from the financial year 2014-15 onwards under Section 80ccc of the income tax department.
amit gupta (Taxation Software Development ) 24 February 2016
The total investments limit has been increased upto INR 1.50 lakhs from the financial year 2014-15 onwards under Section 80ccc of the income tax department.
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