LIC Paid by Employer

This query is : Resolved 

05 April 2011 Hello friends,
can anybody clarify me , if LIC premium is paid by employer , firstly whether it will be added in employees income or not & secondly will employee able to take rebate un sec 80C.
Please help.

05 April 2011 it will be added in employees income and he is eligible for 80c

06 April 2011 Thanks Mr. Gaurav Gupta




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