LIC premium, in ITR-2
This query is : Resolved
10 July 2009
Although my income is below exempted celing , but i have paid some LIC premium, should it be shown as while filing in ITR-2 in schedule part .
Although my income is below exempted celing , but i have paid some LIC premium, should it be shown as while filing in ITR-2 in schedule part .
10 July 2009
Yes, it should be disclosed.
10 July 2009
Your are require to show only when you are claiming it as deduction u/s 80C. Hoewever it is best pratice to clai is deduction irrespective of tax status
10 July 2009
Agree with Nitin.
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