hi,
i have taken a insurance policy & made the the payment of Rs 25000 on 31.3.2009, but the insurance policy commences on 1.4.2009. my question is that whether i can cliam the exemption on P.y 2008-09 or 2009-10.
Thanks In Advance
Menu
80 c exemption
Replies (2)
you must claim exemption under section 80C in the financial year for which the date of first premium receipt comes
in the year of payment
Recent Topics :
- Gifting money to my father-in-law (my husband's da
- GSTR-1 JSON from marketplace exports (Myntra / Ama
- Question on buy back of shares
- Saving corporate tax completely on profit from rea
- Hi experts need some helps
- A query regarding GST and Place of Supply:
- ADT-3 not filed by previous Auditor
- Revising salary on 24Q Q4 FY 25-26
- LTCG: Home Loan Principal Repayment?
- Ims action relationship query
Related Topics :
CAclubindia
