Weather the payment made under salary saving scheme to LIC is eligible to 80 c or not
Ramamoorthy (article) (57 Points)
03 March 2015Weather the payment made under salary saving scheme to LIC is eligible to 80 c or not
J. K. Ratan
(Compliance Advisor)
(794 Points)
Replied 03 March 2015
Yes Mr. Ramamoorthy
Any payment made to Life insurence Corporation (LIC) is eligible for Deduction under section 80C.
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