Deduction u/s 80CCA - Deduction in respect of deposits under National Savings Scheme or payment to a deferred annuity plan

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..... uctions from Gross Total in respect of payments. Eligible Assessee : Individual and HUF Maximum deduction : Total amount of deduction can be claimed under section 80CCA is restricted to the limit prescribed under section 80C. Eligible Deductions : These are as follows:- Any amount in accordance with such scheme as the Central Government may, by notification in the Official Gaz .....

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..... Corporation in any previous year The amount equal to the whole of the amount shall be deemed to be the income of the assessee of that previous year in which such withdrawal is made or, as the case may be, amount is received, and shall, accordingly, be chargeable to tax as the income of that previous year. However, no taxability apply to any amount received by the assessee on account of th .....

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