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Cashp payment of lic premium

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22 February 2012 Dear sir,
My query is that, payment of LIC premium of Rs. 25000.00 in cash is eligible to claim u/s 80C ?
Regards

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22 February 2012 LIC premium paid in cash can be claimed as deduction u/s 80C

22 February 2012 Yes you can claim LIC premium paid irrespective of mode of payment.




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