Tag Archives: section 80CCG.

No deduction under section 80CCG Income Tax from AY 2018-19

By | February 23, 2018

CBDT CIRCULAR NO.2/2018 [F.NO.370142/15/2017-TPL], DATED 15-2-2018 38. Rationalization of deduction under section 80CCG. 38.1 Under the provisions of section 80CCG of the Income-tax Act, deduction for three consecutive assessment years is allowed up to Rs. 25,000 to a resident individual for investment made in listed equity shares or listed units of an equity oriented fund subject to… Read More »