Insurnce premium paid by credit card on 31.03.2014
This query is : Resolved
13 July 2014
I have paid insurance premium by credit card on 31.03.2014 . Credit card settlement was done on 30.04.2014.
Actually my bank was charged on 30.04.2014.
Can i claim 80C benefit for Fy 13-14.
Actually my bank was charged on 30.04.2014.
Can i claim 80C benefit for Fy 13-14.
13 July 2014
See the date Receipt of Insurance Premium. If date is on or before 31.03.2014 only then you can claim deduction u/s 80C in the return of AY 14-15 otherwise you can not. If the date on receipt is after 31.03.2014 the you can claim the deduction in the return of AY 15-16.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Capital gain from sale of house property
- TDS on Purchase of Immovable Property by NRI from NRI
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Value of property in capital gain
- Regarding TDS Applicability For Director Remuneration
- Copyright software
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- Annual return in Gst
- Multiple trade mark
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
