Is there a deadline to make investments to claim exemption under section 80C
Posted: Mon Jul 04, 2011 12:26 pm
For the financial year 2010 - 2011, tax returns for which are due by July 31, 20011, is there a deadline to make the Post Office deposit to claim exemption under section 80C?
I ask this question as I am not clear if the deadline to make these investments is March 31 or if the investments can be made until filing of the tax return, i.e. Jul 31 2011.
Additional info.: This is for one of my parents who are not salaried, but have other income that needs to be reported and for which taxes need to be filed for.
I ask this question as I am not clear if the deadline to make these investments is March 31 or if the investments can be made until filing of the tax return, i.e. Jul 31 2011.
Additional info.: This is for one of my parents who are not salaried, but have other income that needs to be reported and for which taxes need to be filed for.