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.
Live Course on Invoice Management System (IMS) - 2nd Batch(With Recording)