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U/s 80C

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(Querist)
10 December 2010 Hi,

I want to know that what is the maximum limit of sum assured which is eligible to get the deduction of LIC premium u/s 80 C.

Whether it is 5% or 20% of Sum Assured of Policy Amount.



Thanks & Regards

Vishal
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
10 December 2010 20% of Sum Assured.
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CA Vishal kapoor

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CA Vishal kapoor (Querist)
10 December 2010 thanks sir..
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