Lic premium deduction


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Querist : Anonymous

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Querist : Anonymous (Querist)
12 June 2015 Please let me know whether deduction u/s 80C can be claimed in 2014-15 on the basis of cheque dt. i.e. 31.03.2015 or in next year on the basis of receipt date of LIC i.e. 16.04.2015.

12 June 2015 Deduction can be claimed in FY 2015-16 on the basis of receipt date.


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