Income Tax Rates for AY 2019-20 / FY 2018-19
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In view of Mr Pradeep's comment above , What is the latest order on the inclusion Of investment in SCSS in 80C more
May 06
Senior Citizen Savings Scheme 2004 (SCSS): Deposits qualify for deduction u/s 80-C of Income Tax Act on the deposits made in new accounts opened on or after 8th December 2007. You will be eligible to claim deduction of up to Rs 1.5 lakh under section 80C for a financial year in which deposit is made. more
May 06
Please note investment in Senior Citizens Scheme 2004 is not covered under Section 80 C. However interest income up to Rs.50000 from SCSS 2004 is exempt from income tax under Section 80 TTB. more
May 02
Yes. Deposits in SCSS2004 are allowed as deduction under 80 C. I am sorry for posting wrong nformation. more
May 04
I was told by SBI executive that investment in SCSS is covered under 80C.
I then confirmed on net under heading features of SCSS and it gives that it is covered under 80C.
Confusion persists . more
I then confirmed on net under heading features of SCSS and it gives that it is covered under 80C.
Confusion persists . more
May 03
