Income tax return

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

25 February 2013 Hi Experts
I have query on Tax on salary

I am working in Defence i.e. Indian Navy and have a deduction of Rs. 2000/ Month towards NAVAL GROUP INSURANCE SCHEME which is compulsory from the employer>

Kindly tell me how is that reflected in Tax return.
whether it vl b part of 80C or not

@VaibhavJ

@VaibhavJ (Expert)
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25 February 2013 Hi,

Deduction can be claimed u/s 80 C if you get cert. of prem paid from employer.

Thanks!!

CA Ayush Agarwal

CA Ayush Agarwal (Expert)
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26 February 2013 First is, Its Kind of Employee Insurance as far as My Understanding Says.
Employer paying It and Deducting from Your Salary.

So Its Available for Deduction Under Section 80C, But Pls Confirm on Premium Receipts That Deduction is available or not.

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Querist : Anonymous

Querist : Anonymous (Querist)

26 February 2013 thanks Experts ...
even my understanding is it sud make d part of 80c only...

Thanks