80c actually paid
lic premium due can I claim under 80c.?or actually paid only?pls reply thanks in advance
Replies (3)
Quick Summary
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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