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Life Insurance Premium u/s 80C

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(Querist)
10 November 2008 the premium paid for insurance of life for self , spouse and children
whether it is deductible on the basis of payment or in the year for which to it relates??
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
10 November 2008 Payment.
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CA RAMESH KUMAR AHUJA

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CA RAMESH KUMAR AHUJA (Expert)
11 November 2008 Deductible on the basis of payment
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