Lic vay vandna yojna deductible u/s 80c of income tax act?

This query is : Resolved

CA Sweta (Querist)
Follow

30 July 2019 IS INVESTMENT MADE IN VAY VANDNA YOJNA OF LIC DEDUCTIBLE UPTO RS.1.5 LAKH UNDER 80C OF INCOME TAX ACT?KINDLY REPLY AS SOON AS POOSSIBLE.

Shashikant Varshney (Expert)
Follow

30 July 2019 Any LIC paid is allowable as deduction u/s sec-80 C unless the premium paid is less then 20% of sum insured.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Unanswered Queries

view all classess