09 March 2011
If risk cover for life is there in the policy Aap ko Section 80C me Deduction Mil Sakta hey.
One thing you must check, whether the premium paid by you is not more that 20% of sum assured. Ayesa hoga to jab bhi policy ka paisa aapke haath men aayega, aapko tax bharna padega.
CAclubindia
