Cashp payment of lic premium
This query is : Resolved
22 February 2012
Dear sir,
My query is that, payment of LIC premium of Rs. 25000.00 in cash is eligible to claim u/s 80C ?
Regards
My query is that, payment of LIC premium of Rs. 25000.00 in cash is eligible to claim u/s 80C ?
Regards
Guest
Guest
(Expert)
22 February 2012
LIC premium paid in cash can be claimed as deduction u/s 80C
22 February 2012
Yes you can claim LIC premium paid irrespective of mode of payment.
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