QA Home Can I claim a tax rebate under section 80C if one of my parents' 80C investment is going above the li

Can I claim a tax rebate under section 80C if one of my parents' 80C investment is going above the limit?

Pinky asked over 3 years ago

Can I claim a tax rebate under section 80C if one of my parents' 80C investment is going above the limit?

0 0 Answer Now Comment Report

1 Answers

Important Note – Preparing for CA Final?

CAKART provides Indias top faculty each subject video classes and lectures – online & in Pen Drive/ DVD – at very cost effective rates. Get video classes from CAKART.in. Quality is much better than local tuition, so results are much better.

Watch Sample Video Now by clicking on the link(s) below –

CA Final video lectures online & in Pen Drive/ DVD

For any questions Request A Call Back

Anil answered about 3 years ago

If your income is not clubbed with your parents and such investment is made by you for yourself as well as for your parents you can

0 0 Comment Report

Similar Questions

Is there income tax rebate under 80C for investment under LIC's Varishtha pension Bima Yojana?

I have already contribute under section 80c, can I still claim 80d benefits?

Can a non-resident claim rebate under section 87A?

How do I claim the income tax rebate on section 194J?

Can a partnership firm or HUF claim rebate under section 87A?

What is rebate under section 87A and who can claim it?

If my flatmates are not using Landlords PAN, can I inflate my rent to get more tax rebate?

Can exemption under section 54(1) be claimed for the purchase of more than one residential premises?

Hello Friends, One of my friend who did not clear CA Intermediate | CA IPCC Examination this time so he decided to join CS Executive Course. So my Question to all of you is that can he directly go for ...

Please anyone can answer my questions on Revalidation of CA Final Course. Briefs : I was registered for CA Final Course in 2008. Unfortunately I couldn't take up my studies for 5 years due to my family ...

i Done my B.Com with 54.94%....So would i be able to specifically go for the CA Intermediate | CA IPCC or not on the grounds that according to Notification "Any division of half or more should be gathe ...

Is there a higher chance of being audited if I efile instead of sending my tax return via snail mail?

hi frnds..!! i was going through the consideration chapter of Indian Contract Act, 1872, when these doubts came to my mind. pls help me get it sorted. 1. according to the act, consideration need not be ...

My Gross salary is Rs. 43000 pm, How much investment can I show so as to minimize the tax deduction?

How can one get a duplicate Income Tax Return (ITR) acknowledgement, if the original the one is lost?

What are the conditions for availing the rebate of Rs. 2000 under 87A section of the income tax?

Can I claim deduction of Securities Transaction Tax from my Capital Gain Income?

I am auditing a distillery. They don't avail cenvat credit anywhere, neither on input of goods nor on input services. Is this the right practice? They don't even avail cenvat credit on payment of servi ...

80C for investment under LIC's Varishtha pension Bima Yojana

hallo,friends and seniors,i am a CA final student from Kolkata,undergoing first year of Articleship in a small size firm ...because of low work pressure I am getting da chance to attain classes for CA ...

Similar Articles like Can I claim a tax rebate under section 80C if one of my parents' 80C investment is going above the limit?

BCOM SYLLABUS latest updates - Check here for Complete details

9 Sentences Must Avoid For Better Life

CA final Advanced Auditing and Professional Ethics Classes in Ahemadabad

MS Classes for CA CS CMA Coaching in Hyderabad Telangana

Arvind Dubey Books

The RCC For CA Final Direct Taxes Assessment Year 2016 17 As Amendment Finance Act 2015 In 2 Vols Book by CA Ravi Chhawchharia

CAKART would like to make you Super Knowledgeable!

Select from the following domains -

CA Final (old syllabus) CA Final (new syllabus) CA IPCC CA Intermediate CA CPT CA Foundation CS Professional CS Executive (New Syllabus) CS Executive (Old Syllabus) CS Foundation (Old Syllabus) CS Foundation (new Syllabus 2017) CMA Final CMA Inter CMA Foundation M.COM B.COM XII Commerce XI Commerce Banking PO CFA FRM I FRM II PRM I PRM IV PRM II PRM III Banking Professional Banking Clerk CIMA Certificate Level CIMA Operational level CIMA Management level CIMA Strategic level IFRS CISA ACCA Fundamentals Level ACCA Professional Level CPA CMA USA GST Business Software Stock Market Judicial Entrance exam(All over India) Practical knowledge English Language

Get Notifications

Loading

PRODUCT	PRICE	QTY	SUBTOTAL
Total: Rs. 0.00 Amount payable: Rs. 0.00

** Dear user please sign in or sign up and then place order in order to avail 2% cashback.