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Lic primium under 80c

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 February 2012 I Invested in Lic.I Paid total primium in Current finicial year I want to paid next year primium.is this I Include in to current year 80c deduction.
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Krishna Mohan

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Krishna Mohan (Expert)
28 February 2012 LIC premium is eligible for 80C on payment basis. So, whatever you pay during a financial year, will be eligible.
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Guest

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Guest (Expert)
28 February 2012 You can claim advance payments also since deduction is available on paid basis whether it pertains to last FY's or future payments
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