Section 80ccc

This query is : Resolved 

13 January 2009 I am investing in LIC's Jeevan Aashta Rs.25000/- I want to know is this full amount is allowed as deduction from my income or part of it. It is only one time investment.

Thanks.

13 January 2009

13 January 2009 Full amount is available for exemption u/s 80 C and not under 80CCC.


13 January 2009 Yes-Visit http://www.livemint.com/2008/12/08181426/LIC-launches-Jeevan-Aastha-pla.html

13 January 2009 Yes it is fully exempted. You can cross verify the Premium receipt, in the premium receipt itself they will mention the Income Tax exemption details.



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