Income tax return
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 July 2014
Is it necessary to show lic premium in ITR even if the assessee has income below taxable limits?
Thanx in advance
Thanx in advance
Guest
Guest
(Expert)
30 July 2014
no its not necessary its optional not mandatory....
whether income is above limit or not its just ooptional dear
whether income is above limit or not its just ooptional dear
31 July 2014
Though it is not necessary it is advisable that you mention the amount in ITR as deduction u/s 80C.
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