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Investment in Jeevan Aastha eligible for IT Deduction?

This query is : Resolved 
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(Querist)
12 August 2010 Dear all,

I want to confirm, whether t Single premium pymt of rs.15,00,000/- towards JEEVAN AASTHA Premium is eligible for Deduction U/c VI?

Premium amt paid on 20.1.2009
Date of maturity 20.1.2014.

Thanks in advance.
Regards,
Sushil.
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CMA. Subhash Kumar Jha

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CMA. Subhash Kumar Jha (Expert)
12 August 2010 yes . 80 C upto Rs. 100000/-
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CA. Pradeep Nayak

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CA. Pradeep Nayak (Expert)
12 August 2010 Single payment premium is eligible for deduction u/s 80C upto a maximum of rs. 1 lakh.

Also in case of single premium, deduction shall claimed during the year shall exceed 20% of the sum assured.
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