Employment Visa filling for Indian income tax return

#1 Dec 26th, 2008, 18:43
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  • YoungBull is offline
#1
I am currently working on an employment visa with an indian company and i have registered for a PAN card, i am in the process of filling my IT returns and would like to know if i am eligible to make any investments upto one lakh indian rupees in order to save tax under the section 80c?
#2 Dec 28th, 2008, 09:05
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  • curtdfw is offline
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Have you spoken with your employer's finance department? Their tax folks should be able to five some direction.
#3 Dec 29th, 2008, 01:45
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  • KABAARY is offline
#3
Quote:
would like to know if i am eligible to make any investments upto one lakh indian rupees in order to save tax under the section 80c?
Purely from a tax point of view, yes if you are an "assessee". Eligibility criteria of schemes attracting this deduction are a seperate kettle of fish though on which I am not competent to comment.

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