tax deduction u/s 80c
This query is : Resolved
md.tahir alam
(Querist)
09 March 2011
i have got an insurance policy from bajaj allianj (ulip). kya mujhe us amount par deduction mil sakta hai.
CA PARAS BAFNA
(Expert)
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.
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.
CA. Lohith Jagadeesh
(Expert)
11 March 2011
Hi,
Agreed with Expert.
Regards
CA.Lohith.J
B.Com,ACA,CS,(ICWA),SAPM Hons,ITF Hons
Agreed with Expert.
Regards
CA.Lohith.J
B.Com,ACA,CS,(ICWA),SAPM Hons,ITF Hons
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