Easy Office
LCI Learning

80 c

This query is : Resolved 
Profile Image

Profile Image

(Querist)
13 September 2009 hi,
i have taken a insurance policy & made the the payment of Rs 25000 on 31.3.2009, but the insurance policy commences on 1.4.2009. my question is that whether i can cliam the exemption on P.y 2008-09 or 2009-10.


Thanks In Advance
Profile Image

CA Satheesh

Profile Image

CA Satheesh (Expert)
13 September 2009 80 C is eligible based on available of valid receipt & receipt date not based on policy date, hence you can claim for the year 08 09
Profile Image

CA CHINTAN AJMERA

Profile Image

CA CHINTAN AJMERA (Expert)
13 September 2009 P.Y. 08-09
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links