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Reg: income tax u/s 80 c

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 April 2015 Dear Sir,
one of the plan of LIC of India Plan table No-816, Bima Bachat (Single Premium Plan) my clinet invest Rs. 1,16,500/- dated 25.03.2015, age 35,

Income tax benefit U/s 80 C or not
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
09 April 2015 Deduction will available subject to maximum of 20% of Sum Assured value.
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CA Kanj Goel

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CA Kanj Goel (Expert)
09 April 2015 Correction in the reply of sanjay gupta it is10 % Iinstead of 20
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