Question

Under which section can an individual or HUF enjoy tax deduction for investments made in Equity Savings Scheme?

a.

Section 80C

b.

Section 80CCG

c.

Section 10

d.

Section 115-O

Answer: (b).Section 80CCG Explanation:Under sec. 80CCG, any investment made under any Equity Savings Scheme is subject to deduction, subject to a limit of Rs.25000.

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Q. Under which section can an individual or HUF enjoy tax deduction for investments made in Equity Savings Scheme?

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