I have a query that total exemption limit u/s.80C is Rs.1 lac, does it include premium paid under 80CCC (pension plan) or it can be claimed over and above 80C amount.
RE:Query on benefit u/s.80C & 80CCC
by Amitabh on Jun 12, 2007 02:14 PM Permalink
No,Sanjeev.The total deduction available under sec 80C and 80CCC taken together can be only Rs 1 lac.But yes,if you are having medical insurance,the deduction on the premium is available separately under Sec 80D.
