Answers
I have deposited Rs. 1.00 lakh in PPF account on 31.03.2018, in which year i can claim the deduction of investment or what is the section under which it falls?
Answer by: VISHAL BANSAL
You can claim tax deduction for Investment of Rs. 1.00 lakh under section 80C in the financial year 2017-18, All investments made from 01.04.2017 to 31.03.2018, up to Rs. 1.50 lakh are eligible for deduction under section 80C in the financial year 2017-18.
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