EASYOFFICE
EASYOFFICE

Deduction under sec 80c

This query is : Resolved 
Profile Image

Profile Image

(Querist)
04 December 2015 If LIC Policy is due on 31/3/2014 but policy is paid After 31.03.2014 but before due date of filling of return then Assesse can claim deduction under 80C in AY 2015-16 or not?
Profile Image

KAVIRAJA ADDANGADI

Profile Image

KAVIRAJA ADDANGADI (Expert)
04 December 2015 No, You can claim LIC Premium When it is actually Paid. 80 C you can claim in the year of Payment.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links