Tam exemption

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shriram (Querist)
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07 February 2011 Hi,

i made an investment in LIC on 23rd March 2010. I did not submit this for my IT proof for that year as i was exempted from tax (Coz thats my first year of employment). Is there any way i can claim tax deduction for this investment this year ?

C.A.Javid Patel

C.A.Javid Patel (Expert)
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07 February 2011 No you can not cliam in this year any way.

Guest

Guest (Expert)

07 February 2011 Revise your last year's return if there was taxable income.

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shriram

shriram (Querist)
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08 February 2011 Thank u sir..