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Tax rebate on insurance policy

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 May 2012 If someone has made one extra premium of insurance policy in 2011-12 by mistake which was actually due in 2012-13. Can he claim rebate on this extra premium in 2012-13. He has not claimed rebate in 2011-12 on this extra premium.
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Yogesh Agarwal

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Yogesh Agarwal (Expert)
13 May 2012 No he can not take the deduction in 2012-13..
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Querist : Anonymous

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Querist : Anonymous (Querist)
13 May 2012 Thanks for the prompt answer.
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