LIC WEALTH PLUS - UNIT COVERED U/S 80-C
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 February 2011
I HV INVESTED 1.00 LAC IN LIC WEALTH PLUS UNIT PLAN DOES IT CONVER U/S 80-C REBATE.
23 February 2011
Yes deduction u/s 80C is available.
Lower of the following--
1) Actual Premium Amount.
2) 20% of Sum Assured.
Lower of the following--
1) Actual Premium Amount.
2) 20% of Sum Assured.
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