Deduction under section 80c
This query is : Resolved
07 May 2014
Respected Sir,
I have taken LIC Policy on dated 31.3.2014 & deposit Rs, 50000/-as Premium on the same date.
Please tell me this amount is eligible under section 80c for the f.y. 2013.2014.
I have taken LIC Policy on dated 31.3.2014 & deposit Rs, 50000/-as Premium on the same date.
Please tell me this amount is eligible under section 80c for the f.y. 2013.2014.
Sandeep Dharar
(Expert)
07 May 2014
Yes sahil this amount can b claimed by u u/s 80C for the FY- 2013-14, or if u want u can also claim it in the next financial year.
Nikhil Kaushik
(Expert)
07 May 2014
yes it shall be eligible....
Nikhil Kaushik
(Expert)
07 May 2014
Dear sandeep,
it cannot be claimed in next year as deduction is on payment basis.
it cannot be claimed in next year as deduction is on payment basis.
16 May 2014
I have an HUF in which there is unsecured loan.
Plse tell me is it mandatory that interest debited agst. these loan & TDS Dedcution
on interst?
I have an HUF in which there is unsecured loan.
Plse tell me is it mandatory that interest debited agst. these loan & TDS Dedcution
on interst?
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