Lic primium under 80c
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 February 2012
I Invested in Lic.I Paid total primium in Current finicial year I want to paid next year primium.is this I Include in to current year 80c deduction.
Krishna Mohan
(Expert)
28 February 2012
LIC premium is eligible for 80C on payment basis. So, whatever you pay during a financial year, will be eligible.
Guest
Guest
(Expert)
28 February 2012
You can claim advance payments also since deduction is available on paid basis whether it pertains to last FY's or future payments
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