Allowed deduction u/s 80c or not of pending clearance cheque
This query is : Resolved
20 September 2013
Please answer immediately,
If an individual assessee pay the amount of life insurance premium as on 29.03.2013 (F.Y. 2012-13) by cheque and got receipts also as on 29.03.2013. The cheque cleared as on 03.04.2013 (F.Y. 2013-14) .
Now my question is that can we claim the deduction u/s 80-c for F.Y. 2012-13 or not ?
If an individual assessee pay the amount of life insurance premium as on 29.03.2013 (F.Y. 2012-13) by cheque and got receipts also as on 29.03.2013. The cheque cleared as on 03.04.2013 (F.Y. 2013-14) .
Now my question is that can we claim the deduction u/s 80-c for F.Y. 2012-13 or not ?
20 September 2013
Yes You can claim deduction for same.
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