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.
Thanks.
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
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
