Reg: income tax u/s 80 c
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 April 2015
Dear Sir,
one of the plan of LIC of India Plan table No-816, Bima Bachat (Single Premium Plan) my clinet invest Rs. 1,16,500/- dated 25.03.2015, age 35,
Income tax benefit U/s 80 C or not
one of the plan of LIC of India Plan table No-816, Bima Bachat (Single Premium Plan) my clinet invest Rs. 1,16,500/- dated 25.03.2015, age 35,
Income tax benefit U/s 80 C or not
09 April 2015
Deduction will available subject to maximum of 20% of Sum Assured value.
CA Kanj Goel
(Expert)
09 April 2015
Correction in the reply of sanjay gupta it is10 % Iinstead of 20
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