i have paid premium on 31st march 2023 at 3pm of 1 lakh under section 80c but icici has issued receipt in next financial year and claim receipt for 23-24 on 1 april 2023 whether i can claim deduction in 2022-23or in 2023-24.
icici issue 80c claim statement receipt for 2023-24
so whether i can claim in financial year 2022-23 filing
As per section 80c, the income tax act ,1961, uses the word as"PAID", hence the movement you paid for it claim,you are suppose to be eligible for it irrespective of you get it certificate from it
Since 31/3/23 falls on a banking holidays it is not a working day to issue a receipt in all prudence is a next FY investment for claiming 80 c section relief
I paid through upi and amount got deducted on31st march but premium paid certificate issued in next financial year. whether i can claim deduction in 80c for 2022-23 or in 2023-24
If the receipt state. Premia paid on 31/3/2023 it is valind for the current FY 2022-23. Else by.dicument date serving as proof of investment adpt the FY claim 80 C as Receipts for your help..