Deductions u/s 80c & 80d

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
26 July 2011 Dear Sir,

What will be the implications in my ITR if LIC Premium & Mediclaim Premium are being paid on my behalf by the Employer. I am working in a Pvt Ltd Co.Can I claim the deductions from the tax liability against above. Will it be considered as Perks.

Thanking you in advance

D Sen

26 July 2011 Yes... these will be considered as taxable perquisite in your hand.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
26 July 2011 Sir,

Thanks for your quick and valuable reply. But whether can I claim deductions or not while computing total income, that query yet to be answered.

26 July 2011 YES.....you can get

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
26 July 2011 Thank you very much, Sir.

26 July 2011 it will be considered as ur income and on other side u will be able to claim it as deduction


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details