Payment proof is mandatory for claiming u /sec 80c
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 December 2014
Dear All,
Please guide me what are the documents required for claiming Tax benefits u/sec.80C.
For e.g LIC receipt is in the name of Spouse and wife is claiming for tax rebate u/sec 80c. So as a proof LIC receipt is sufficient and declaration from spouse that he is not claiming for tax rebate will do or payment proof is also required ?
Please guide me what are the documents required for claiming Tax benefits u/sec.80C.
For e.g LIC receipt is in the name of Spouse and wife is claiming for tax rebate u/sec 80c. So as a proof LIC receipt is sufficient and declaration from spouse that he is not claiming for tax rebate will do or payment proof is also required ?
15 December 2014
LIC receipt itself is the PAYMENT PROOF. (Hope you are NOT confusing LIC Receipt with LIC demand letter)
The declaration as said by you would be additional security point....But as an EMPLOYER, try to take due care and NOT EXTRA care. At times, taking declaration as aforesaid may amount to EXTRA care.
The declaration as said by you would be additional security point....But as an EMPLOYER, try to take due care and NOT EXTRA care. At times, taking declaration as aforesaid may amount to EXTRA care.
Message likes :
1 times
15 December 2014
Payment proof is not required. Declaration and LIC receipt is enough.
Message likes :
1 times
15 December 2014
as the assesse you have fill only amount.
if you are employer then you have to collect the investment proof all the employee who claim the deduction u/s 80C
if you are employer then you have to collect the investment proof all the employee who claim the deduction u/s 80C
15 December 2014
agree with seetharam..............................
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Showing Gift from relative in ITR for this year
- ITR selection for salaries and capital gain less than L
- Share accounting-->fifo - capital gain - period as per fifo?
- Treatment of Pension ?annuity returns on PMVY
- Soyabean hsn code and gst rate
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- BIS Certificates
- NON- SUBMISSION OF LLP FORM 3
- Scrutiny assessments u/s 143(2) for AY 25-26
- Regarding IMS Mandatory from 1st July 2026
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
