Sentences with phrase «as tax deduction u»

In case if these are ELSS funds, you can claim the invested amount as tax deduction u / s 80c.

Dear munesh, You can start repaying your loan and can claim interest repayment amount in a Financial year as tax deduction u / s 80E.

Dear Vikas, Yes, you can show it as let - out and can claim the entire interest (regular) + 1 / 5th of Prior period interest paid in 2014, 2015 & 2016 (till march) as tax deduction u / s 24.

So, one can claim it when calculating capital gains and not as tax deduction u / s 80c.

You can claim the premium paid as tax deduction u / s 80D.

You can claim the premiums paid as tax deductions u / s 80c.

Not exact matches

The interest part of the EMI can be claimed as deduction u / s 24 of the income tax act up to a maximum of Rs 2 lakhs.

Dear Ranjeet, As this Interest is re-invested in National Savings Certificate which is a specified instrument u / s 80C, a taxpayer can claim this amount of interest as a tax deduction under Section 80As this Interest is re-invested in National Savings Certificate which is a specified instrument u / s 80C, a taxpayer can claim this amount of interest as a tax deduction under Section 80as a tax deduction under Section 80C.

You can always search online and read up articles and related posts such as rule 11dd, section 80d of income tax act 1961,80 ddb deduction for ay 2016 - 17 or deduction u / s 80c for ay 2016 - 17.

You can claim tax deduction benefit u / s 80D as per IT Act 1961 for premium paid towards this policy.

8) Tax benefit: The amount paid as premium is eligible to be claimed for deduction u / s 80C, 80CCC upto a limit of Rs. 1,50,000.