Dedduction under sec.80c

This query is : Resolved 

26 February 2013 Whether Premium paid on Insurance Policy taken for Home Assured is allowed as deduction under sec.80C of IT Act?

26 February 2013 Hi Dhiraj,

Only insurance taken on life of Individual is allowed.

Thanks!!

26 February 2013 no, insurance on home is not allowed in 80C


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