STUDENT
31 Points
Posted on 16 December 2015
single premium policy amt 49236/- claim 80C OR NOT
Others
1321 Points
Posted on 16 December 2015
Yes you can claim if it is by a recognized Insurance provider- approved by the govt regulator IRDA.
articled assistent
127 Points
Posted on 16 December 2015
Yes can be claimed as per IT Act 1961...
W.e.f. 1.4.2013 premium can be claimed which is not excess of 15% of sum assured...
E.g.., sum assured is 150000, LIP can be claimed maximum as 22500 even though they have paid in excess of 22500....
articled assistent
127 Points
Posted on 16 December 2015
Yes can be claimed as per IT Act 1961...
W.e.f. 1.4.2013 premium can be claimed which is not excess of 15% of sum assured...
E.g.., sum assured is 150000, LIP can be claimed maximum as 22500 even though they have paid in excess of 22500....
articled assistent
127 Points
Posted on 16 December 2015
Yes can be claimed as per IT Act 1961...
W.e.f. 1.4.2013 premium can be claimed which is not excess of 15% of sum assured...
E.g.., sum assured is 150000, LIP can be claimed maximum as 22500 even though they have paid in excess of 22500....
articled assistent
127 Points
Posted on 16 December 2015
Yes can be claimed as per IT Act 1961...
W.e.f. 1.4.2013 premium can be claimed which is not excess of 15% of sum assured...
E.g.., sum assured is 150000, LIP can be claimed maximum as 22500 even though they have paid in excess of 22500....
articled assistent
127 Points
Posted on 16 December 2015
Yes can be claimed as per IT Act 1961...
W.e.f. 1.4.2013 premium can be claimed which is not excess of 15% of sum assured...
E.g.., sum assured is 150000, LIP can be claimed maximum as 22500 even though they have paid in excess of 22500....
articled assistent
127 Points
Posted on 16 December 2015
Yes can be claimed as per IT Act 1961...
W.e.f. 1.4.2013 premium can be claimed which is not excess of 15% of sum assured...
E.g.., sum assured is 150000, LIP can be claimed maximum as 22500 even though they have paid in excess of 22500....
articled assistent
127 Points
Posted on 16 December 2015
Yes can be claimed as per IT Act 1961...
W.e.f. 1.4.2013 premium can be claimed which is not excess of 15% of sum assured...
E.g.., sum assured is 150000, LIP can be claimed maximum as 22500 even though they have paid in excess of 22500....
articled assistent
127 Points
Posted on 16 December 2015
Yes can be claimed as per IT Act 1961...
W.e.f. 1.4.2013 premium can be claimed which is not excess of 15% of sum assured...
E.g.., sum assured is 150000, LIP can be claimed maximum as 22500 even though they have paid in excess of 22500....
articled assistent
127 Points
Posted on 16 December 2015
Yes can be claimed as per IT Act 1961...
W.e.f. 1.4.2013 premium can be claimed which is not excess of 15% of sum assured...
E.g.., sum assured is 150000, LIP can be claimed maximum as 22500 even though they have paid in excess of 22500....
articled assistent
127 Points
Posted on 16 December 2015
Yes can be claimed as per IT Act 1961...
W.e.f. 1.4.2013 premium can be claimed which is not excess of 15% of sum assured...
E.g.., sum assured is 150000, LIP can be claimed maximum as 22500 even though they have paid in excess of 22500....
articled assistent
127 Points
Posted on 16 December 2015
Yes can be claimed as per IT Act 1961...
W.e.f. 1.4.2013 premium can be claimed which is not excess of 15% of sum assured...
E.g.., sum assured is 150000, LIP can be claimed maximum as 22500 even though they have paid in excess of 22500....
articled assistent
127 Points
Posted on 16 December 2015
Yes can be claimed as per IT Act 1961...
W.e.f. 1.4.2013 premium can be claimed which is not excess of 15% of sum assured...
E.g.., sum assured is 150000, LIP can be claimed maximum as 22500 even though they have paid in excess of 22500....
articled assistent
127 Points
Posted on 16 December 2015
Yes can be claimed as per IT Act 1961...
W.e.f. 1.4.2013 premium can be claimed which is not excess of 15% of sum assured...
E.g.., sum assured is 150000, LIP can be claimed maximum as 22500 even though they have paid in excess of 22500....