please if any one can clarify me this.....
i havent paid lic premium in the year 2009
now i paid premium for both 20097 2010. can i claim deduction for for both 2009 & 2010 premiums paid u/s80c?????
1 Replies
Chiradeep.R.H
(Chirahi & Associates - Consultants)
(240 Points)
Replied 12 July 2011
Yes, you can claim for both the years.
LIC deduction will be taken on basis of date of payment. Not it relates to which year.
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