21 May 2008
Dear Sir, I had taken an Insurance policy and paid the first premium amount on 29.03.2008. The provisional receipt generated is also of the date 29.03.2008. but in the policy documents the policy is shown to be issued on 10.04.2008, please confirm me whether I can claim the deduction u/s 80C in the F.Y. 2007-08, or no as the policy documents are issued in the F.Y. 2008-09.
CAclubindia
