LIC Premium Cash
This query is : Open
Sachin Kumar
(Querist)
04 September 2022
If we make LIC policy premium payment in cash at LIC branch , will we get deduction under 80C OR we have to make payment online to get deduction under 80C ?
04 September 2022
Premium payment made at LIC Branch in cash should be eligible for deduction...obviously the sum paid in cash must also be taken into consideration in computation of total income.
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