Question

for different types of investment, what is maximum permissible amount under section 80C of income tax ?

Answer 1

Income Tax Deductions under section 80C to 80U

SectionPermissiblelimitType of investment, expense or income80TTAUp to Rs. 10,000 per yearInterest onbank savings account80CCG50% of amountinvested subject maximumof Rs. 25,000Equity saving schemes80CCFUp to Rs. 20, 000Long term infrastructure bonds

Answer 2

Answer:

the correct answer is 150000 rupees