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Deduction under sec 80c

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(Querist)
30 March 2013 Respected Expert,

Whether same limit applicable i.e. not more than 20% of sum assured of LIP premium allowes for claiming deduction under section 80C also applicable in case of ULIP. ( premium paid 20,000/- sum assured 60,000/- of a ULIP)
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
04 August 2013 yes. same 20% limit is applicable under ULIP
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