Lic Premium
Dipam Guha Thakurata (148 Points)
13 November 2017
maximum eligible amount of deductions claimed for lic premium paid u/s 80C?
Dipam Guha Thakurata (148 Points)
13 November 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(171571 Points)
Replied 13 November 2017
Maximum deduction allowed u/s. 80C is 1.50 lakhs, whether paid for only insurance premium or in aggregate with other options available under the section.........
Dipam Guha Thakurata
(148 Points)
Replied 14 November 2017
Amitav
(Chartered Accountant)
(5993 Points)
Replied 14 November 2017
Under Section 80C the deduction is valid only if the premium is less than 10% of the sum assured
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)
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