80c
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 August 2013
Dear Sir,
In one of the case net profit of assessee is Rs. 180000/- in fy 2012-13 and his lic premium is Rs 3500/-.
Whether it is prudent to claim lic premium in return u/s 80c
or
It is not required to mention in return.
In one of the case net profit of assessee is Rs. 180000/- in fy 2012-13 and his lic premium is Rs 3500/-.
Whether it is prudent to claim lic premium in return u/s 80c
or
It is not required to mention in return.
07 August 2013
if he is non senior also male still he is below rs 2,00,000 exemption it will not make any diff, but advisable to claim as it will amount to true disclosure.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CG Tax On residential property
- Post Office RD Interest
- Applicable TDS for Purchase of Flat from NRI
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- Building and other construction workers welfare cess act 1996
- Eway bill for machinery reparing
- Gift of mutual fund units to daughter
- Bank Accounts in Balance Sheet for ITR 3
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Form 10BD Filling
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
