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Life Insurance and Taxes: Which Policies Give the Best Section 80C Deduction?

A simple guide to Section 80C, covering eligible investments, tax benefits, and smart strategies to maximise savings.

Section 80C Tax Saving Guide: Investments, Benefits and Strategies

Judgement

The Tribunal rejected the assessee's claim of Rs 1,50,000 deduction under Section 80C towards the LIC premium, as the assessee failed to submit any proper documentary proof

ITAT Mumbai Sends Back Rs 78.70 Lakh Agricultural Income Addition for Fresh Review; 80C Claim Rejected Due to Lack of Proofs

ITAT Mumbai Sends Back Rs 78.70 Lakh Agricultural Income Addition for Fresh Review; 80C Claim Rejected

Many people use Section 80C to claim tax deductions for certain investments. Section 80C deduction can still be claimed without making investment in current year.

Can Still Avail Section 80C Tax Deduction Without Other Investments if You Invest in NSC

Investment options under Section 80C have some popular schemes that enable taxpayers to make tax deductions even on investments made in a child's name.

Save Tax by Investing in These 2 Schemes in a Child's Name Under Section 80C 

Tax Savings FDs and the 5-Year Post Office Time Deposit offer both security and tax benefits under section 80C of the Income Tax Act.

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Life Insurance and Taxes: Which Policies Give the Best Section 80C Deduction?

Section 80C Tax Saving Guide: Investments, Benefits and Strategies

ITAT Mumbai Sends Back Rs 78.70 Lakh Agricultural Income Addition for Fresh Review; 80C Claim Rejected

Can Still Avail Section 80C Tax Deduction Without Other Investments if You Invest in NSC

Save Tax by Investing in These 2 Schemes in a Child's Name Under Section 80C

Tax Savings Bank FDs Vs. 5-Year Post Office Time Deposit: Which Scheme Gives the Higher Interest?