Deduction u/s 80c
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 June 2012
Whether Deduction is available for making payment of single premium policy of LIC under Section u/s 80C of Income Tax Act, 1961
21 June 2012
Yes deduction u/s 80C is available subject to maximum of 20% of sum assured.
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