13 July 2014
I have paid insurance premium by credit card on 31.03.2014 . Credit card settlement was done on 30.04.2014. Actually my bank was charged on 30.04.2014.
13 July 2014
See the date Receipt of Insurance Premium. If date is on or before 31.03.2014 only then you can claim deduction u/s 80C in the return of AY 14-15 otherwise you can not. If the date on receipt is after 31.03.2014 the you can claim the deduction in the return of AY 15-16.