tax deduction u/s 80c

This query is : Resolved 

09 March 2011 i have got an insurance policy from bajaj allianj (ulip). kya mujhe us amount par deduction mil sakta hai.

09 March 2011 If risk cover for life is there in the policy
Aap ko Section 80C me Deduction Mil Sakta hey.

One thing you must check, whether the premium paid by you is not more that 20% of sum assured. Ayesa hoga to jab bhi policy ka paisa aapke haath men aayega, aapko tax bharna padega.

11 March 2011 Hi,

Agreed with Expert.

Regards
CA.Lohith.J
B.Com,ACA,CS,(ICWA),SAPM Hons,ITF Hons


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