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Lic deduction

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(Querist)
09 October 2015 I have an LIC which Assurance value is 1,00,000 /- takne on 10/11/2014. premium is 890 /- p.m. I want to take deduction u/s 80c in a.y year 2015-16. What should be the deduction amount? Please confirm me.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
09 October 2015 You can claim deduction on premium paid up to March 2015.

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