I have deposit some amount in PPF account and Paid LIC premium on Dt. 2 April 2020 . Please advise to me how to pass the entry in books of account to claim 80c deduction.
02 April 2020
In my view the date of entry in the books of account remains as 02-04-2020. You are eligible to claim deduction for the same as per your choice - either in AY 2020-21 or in AY 2021-22.
CAclubindia
