Limit of tax deduction for f.y. 2012-13 for lic and infrastr


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Querist : Anonymous

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Querist : Anonymous (Querist)
02 January 2013 Sir, I want to know the amount of deduction available for LIC under Section 80C and whether investment in infrastructure bonds are available for tax deduction.
Thanks

02 January 2013 Deduction for LIC under section 80C maximum of 10% on sum assured.

Yes, Infrastructure bonds available for deduction.

OM SAI SRI SAI JAI JAI SAI


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