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?????
avinash (CA final, article) (55 Points)
12 July 2011please 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?????
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.
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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