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by 1 users

Tuition Fee Upto Rs 1,00,000 Allowed as Deduction u/s 80C.

What is the limit of Tuition Fee (in Rupees) that is exempted from Income Tax Purpose for the financial year 2006-07?"The limit is Rs 1,00,000 -the limit u/s 80 C . but i am afraid there is no school in India , perhaps which charges such high amount ...

http://q4tax.blogspot.com/2007/01/tution-fee-upto-rs-10
0000-allowed-as.html
first added by taxworry, last updated 9 months 8 days ago
 
by 1 users

FD for 5 Years in Most Indian Banks Will Give You Relief u/s 80C

uffice to know that most of the public sector banks like SBI ,Canara Bank,Allahabad Bank,UBI,Syndicate banks,ICICI Bank ,UTI Bank............almost all major banks of India comes within the definition of bank wherein you make Term deposit for 5 years...

http://q4tax.blogspot.com/2007/01/fd-for-5-years-in-mos
t-indian-banks.html
first added by taxworry, last updated 9 months 8 days ago