lnterest on lic premium
This query is : Resolved
17 November 2009
whether interest on lic premium deductible
17 November 2009
No-Interest on LIC premium not deductible. only the premium amount is deductible
CA Amitabh Gupta
Indore
09893276187
CA Amitabh Gupta
Indore
09893276187
17 November 2009
only policy premium amount will be deducted. not others.
17 November 2009
only premium allowed as deduction.
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