Exemptions u/s 80 C
This query is : Resolved
01 June 2010
My LIC Premium was due on 31/03/2010 but I paid it on 01/04/2010, shall I consider and take the exemption u/s 80C of this payment for the A Y 2010-11 ?
I will be thankfull if somebody reply to my query.
I will be thankfull if somebody reply to my query.
01 June 2010
The deduction will be given on payment basis. You can claim the deduction for AY 2011-2012.
01 June 2010
DEDUCTION U/S 80C IS AVAILABLE ON PAYMENT BASIS. DEDUCTION SHOULD BE CLAIMED IN AY 2011-12.
01 June 2010
Yes. agree with the experts,
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