80c actually paid

lic premium due can I claim under 80c.?or actually paid only?pls reply thanks in advance
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Quick Summary
This discussion clarifies that LIC premiums under Section 80C can only be claimed on a payment basis, not just when the premium is due. While most deductions under 80C and 80D follow this rule, there's an exception for advance payments in Section 80D.

Sec. 80C claim for LIC premium can be claimed only on payment basis...

What about other deductions in 80c &80d?

Mostly on payment basis only, exept with approproation when premium paid in advance for sec. 80D of the act.

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